Land for Auction K a S Nagar Sarkar Kollappatti Village Suramangalam Salem 43.5 Lakh by Bank of India 25 Jun 2026
K.A.S. Nagar, Sarkar Kollappatti Village, Suramangalam, Salem
Area: 1380.0 Sq.ft
Plot No.15, K.A.S. Nagar, Sarkar Kollappatti Village, Salem West Taluk, Suramangalam Sub Registration District, Salem District, Tamil Nadu
Bank of India · RECOVERY DEPARTMENT: COIMBATORE ZONAL OFFICE
Reserve price
₹43,50,000
EMD ₹4,35,000
Auction date
25 Jun 2026, 11:00 AM
Auction notice
Request the official notice — we share it after verification.
Bid form
Download bid form assistance via our team.
Quick read
- ▸Possession: Constructive
- ▸Area: 1380.0 Sq.ft
- ▸Locality: K.A.S. Nagar, Sarkar Kollappatti Village, Suramangalam
- ▸Reserve: ₹43,50,000
- ▸EMD: ₹4,35,000
Auction snapshot
| Possession | Constructive |
| Property type | Land · Residential |
| Locality | K.A.S. Nagar, Sarkar Kollappatti Village, Suramangalam |
| Built-up / plot area | 1380.0 Sq.ft |
| Lender | Bank of India |
| Branch | RECOVERY DEPARTMENT: COIMBATORE ZONAL OFFICE |
| Unit / flat no. | Plot No.15 |
| Building / society | K.A.S. Nagar |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
About this property
Land bank auction in K.A.S. Nagar, Sarkar Kollappatti Village, Suramangalam, Salem by Bank of India — reserve price ₹43,50,000, 1380.0 Sq.ft, Constructive possession.
Discover a prime bank auction property in Salem, Tamil Nadu. This vacant land plot, Plot No.15 in K.A.S. Nagar, Sarkar Kollappatti Village, Suramangalam, offers an area of 1380 Sq.ft. Ideal for residential development, this plot is located in a well-divided layout with clear boundaries. The auction by Bank of India has a reserve price of ₹43,50,000 and an EMD of ₹4,35,000. The e-auction is scheduled for June 25, 2026, from 11 AM to 5 PM. A strategic investment opportunity for those seeking land for sale in Salem, with constructive possession from the bank and no known encumbrances.
GeoSquare note: This vacant land plot in K.A.S. Nagar, Suramangalam, Salem, presents a strong investment opportunity for residential development. The 1380 sq.ft. area is well-defined, and the location appears to be part of a planned layout. The constructive possession by the bank reduces immediate risks, and the reserve price seems reasonable for a planned plot. Potential buyers should perform due diligence regarding the locality's development and infrastructure.
Auction assistance
Guided support for notice review, EMD, and bid filing — most Maharashtra buyers choose a package. View detailed plans →
Basic Assistance
₹4,999
Document review, auction calendar alerts, and bid-form checklist.
Standard Assistance
₹14,999
Site visit coordination, legal summary, and end-to-end bid filing support.
Premium Selection
5% of reserve
We shortlist and acquire auction property on your behalf across Maharashtra.