Property for Auction in omalur, Salem, Tamil Nadu
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
Submission Date:30-10-2025 05:00 PM
Bid Start Date:31-10-2025 10:30 AM
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
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 no:94473 53767, 94437 59259.