Land for auction Thararmangalam Salem 18 lakh South Indian Bank

Property for Auction in omalur, Salem, Tamil Nadu

Property Type IconProperty Type:
Land
Location IconLocation:
omalur, Salem
Auction Date IconAuction Date:
31-10-2025 10:30 AM

Auction Details

Auction ID:591537

Bank Name:South Indian Bank

Branch Name:REGIONAL OFFICE : COIMBATORE

Reserve Price:18,01,000

EMD:1,80,100

Service Provider:bankauctions.in

Important Dates

Submission Date:30-10-2025 05:00 PM

Bid Start Date:31-10-2025 10:30 AM

Property Description

A valuable plot of land situated in Omalur, Salem, Tamil Nadu. This residential land offers a prime opportunity for development or personal use in a developing area. The property is being auctioned by South Indian Bank as part of a SARFAESI action. Located in Salem, a major city in Tamil Nadu, this land is in a region known for its growing infrastructure and accessibility. Ideal for investors or individuals looking to own a piece of prime real estate.

State:Tamil Nadu

City:Salem

Area:omalur

Asset Category:Residential

Auction Description

South Indian Bank presents a SARFAESI auction for a significant land parcel in Omalur, Salem, Tamil Nadu. The auction will take place on 31-10-2025, with bidding open from 10:30 AM to 11:30 AM. The reserve price for this residential land is set at ₹18,01,000, with an Earnest Money Deposit (EMD) of ₹1,80,100 required to participate. This is a direct opportunity to acquire property from the bank, formerly belonging to Mr. S. Ravichandran.

Borrower Name:Mr. S. Ravichandran

Auction Type:SARFAESI Auction

Contact Details

contact no:94473 53767, 94437 59259.

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