Property Type:
Location:
Auction Date:Auction Details
Auction ID:558987
Bank Name:City Union Bank
Branch Name:Credit Recovery and Management Department
Reserve Price:₹18,00,000
EMD:₹1,80,000
Service Provider:Public Auction
Important Dates
Submission Date:30-09-2025 05:00 PM
Bid Start Date:02-09-2025 11:00 AM
Property Description
This is a residential plot located in Valapaddy, Salem, Tamil Nadu. Situated in a well-connected area, this plot offers potential for residential development. The property is being auctioned by City Union Bank as part of a SARFAESI action concerning the borrower M/s. Nalam Organic Store Classic Water Proofing System. The plot is offered as an empty land parcel, ideal for building a home or for investment purposes in Salem's growing real estate market.
State:Tamil Nadu
City:Salem
Area:valapaddy
Asset Category:Residential
Auction Description
City Union Bank presents a SARFAESI auction for a residential plot in Valapaddy, Salem, Tamil Nadu. The auction will take place on September 2, 2025, from 11:00 AM to 12:00 PM. The reserve price is ₹18,00,000, with an Earnest Money Deposit (EMD) of ₹1,80,000. This is a prime opportunity to acquire property in a developing area. Bid confidently for this valuable asset.
Borrower Name:M/s. Nalam Organic Store Classic Water Proofing System
Auction Type:SARFAESI Auction
Contact Details
Contact Number:04292-223886 /3345132799/8325964802
