Land for Auction Valapaddy Salem 32.4 Lakh by Union Bank of India 12 Jun 2026
Valapaddy, Salem
Area: 1800 Sq.ft
Plot No. 16, Ganapathy Gounder street,Ward-3, Valapady Town Panchayat
Union Bank of India · Regional Office
Reserve price
₹32,40,000
EMD ₹3,24,000
Auction date
12 Jun 2026, 12:00 PM
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Quick read
- ▸Possession: Constructive
- ▸Area: 1800 Sq.ft
- ▸Locality: Valapaddy
- ▸Reserve: ₹32,40,000
- ▸EMD: ₹3,24,000
Auction snapshot
| Possession | Constructive |
| Property type | Land · Residential |
| Locality | Valapaddy |
| Built-up / plot area | 1800 Sq.ft |
| Lender | Union Bank of India |
| Branch | Regional Office |
| Unit / flat no. | 16 |
| Building / society | Padmaraja Nagar |
| Auction type | SARFAESI Auction |
| Bid increment | ₹25,000 |
| Service provider | BAANKNET |
About this property
Land bank auction in Valapaddy, Salem by Union Bank of India — reserve price ₹32,40,000, 1800 Sq.ft, Constructive possession.
Bank auction property for sale! This is a 1800 sq.ft plot located in Valapaddy, Salem, Tamil Nadu. The plot is part of the Padmaraja Nagar layout. The reserve price is ₹32,40,000, with an EMD of ₹3,24,000. Don't miss this opportunity to invest in a strategically located plot in a developing area.The e-auction is scheduled for June 12, 2026. It has Constructive Possession. This Land has a great investment potential .
GeoSquare note: This land in Valapaddy, Salem, has a moderate investment appeal due to its location and size. While the reserve price is reasonable, the constructive possession status slightly lowers its immediate usability. It's a fair option for investors looking for long-term value in a developing area.
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