Land for auction Tharamangalam Salem 16 lakh South Indian Bank

A plot of land located in Omalur, Salem, Tamil Nadu, is being offered for auction by South Indian Bank. This residential land presents an opportunity for development or investment in a growing area. The property is part of a SARFAESI auction and is situated in a well-connected region of Salem.

South Indian Bank is conducting a SARFAESI auction for a parcel of land in Omalur, Salem, Tamil Nadu. The auction has a reserve price of INR 15,64,000 and requires an Earnest Money Deposit (EMD) of INR 1,56,400. The auction will take place on October 31, 2025, with bidding open from 10:30 AM to 11:30 AM. This is a prime opportunity to acquire a residential plot through a bank auction.