Representative illustration — Land bank auction in Valapady
Representative illustration — not the actual property photograph.
Land Residential Constructive possession Fair Option

Land for Auction Valapady Salem 37.1 Lakh by Union Bank of India 12 Jun 2026

Valapady, Salem

Area: 627 sq.ft

Ganapathy Gounder street, Ward-3, Valapady Town Panchayat

Union Bank of India · Regional Office

Reserve price

₹37,13,000

EMD ₹3,71,300

Auction date

12 Jun 2026, 12:00 PM

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Quick read

  • Possession: Constructive
  • Area: 627 sq.ft
  • Locality: Valapady
  • Reserve: ₹37,13,000
  • EMD: ₹3,71,300

Auction snapshot

PossessionConstructive
Property typeLand · Residential
LocalityValapady
Built-up / plot area627 sq.ft
LenderUnion Bank of India
BranchRegional Office
Unit / flat no.Plot No.2
Building / societyPNR Nagar
Auction typeSARFAESI Auction
Bid increment₹25,000
Service providerBAANKNET

About this property

Land bank auction in Valapady, Salem by Union Bank of India — reserve price ₹37,13,000, 627 sq.ft, Constructive possession.

Bank auction property! Seize the opportunity to own a 627 sq.ft plot with an RCC building in Valapady, Salem. This land, located in Ganapathy Gounder Street, is part of the PNR Nagar layout. The e-auction reserve price is ₹37,13,000, with an EMD of ₹3,71,300. The e-auction will be held on June 12, 2026, from 12 PM to 5 PM. Don't miss this chance to invest in a prime location through this bank auction. Perfect for building your dream home or a profitable investment.

GeoSquare note: The property is a small plot with a building in Valapady, Salem, offered at a moderate price range. Constructive possession might delay immediate use, but the location and building add value. This is a fair option for local investors familiar with the area and willing to undertake further development.

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