Plot for auction 2 - PALLAPATTY VILLA - Palappatti - Salem by Omkara Assets Reconstruct

Property for Auction in Palappatti, Salem, Tamil Nadu

Property Type IconProperty Type:
Plot
Location IconLocation:
Palappatti, Salem
Auction Date IconAuction Date:
28-10-2025 11:00 AM

Auction Details

Auction ID:585026

Bank Name:Omkara Assets Reconstruction Pvt Ltd

Branch Name:Corporate Office : Mumbai

Reserve Price:13,47,00,000

EMD:1,34,70,000

Service Provider:bankeauctions.com / C1 India

Important Dates

Submission Date:27-10-2025 06:00 PM

Bid Start Date:28-10-2025 11:00 AM

Property Description

This auction features a significant plot of land located in Palappatti, Salem, Tamil Nadu. Owned by LSP Agro Limited and managed by Omkara Assets Reconstruction Pvt Ltd, this residential plot offers a prime investment opportunity in a developing area. Its strategic location in Salem provides accessibility and potential for future growth. Ideal for developers or individuals looking to acquire a substantial land parcel for residential projects.

State:Tamil Nadu

City:Salem

Area:Palappatti

Asset Category:Residential

Auction Description

Omkara Assets Reconstruction Pvt Ltd presents a SARFAESI auction for a valuable plot in Palappatti, Salem, Tamil Nadu. The bidding opens with a reserve price of ₹13,47,00,000. An Earnest Money Deposit (EMD) of ₹1,34,70,000 is required to participate. This is a unique opportunity to acquire a prime piece of real estate. The auction will be conducted online, starting on October 28, 2025, at 11:00 AM and concluding at 12:00 PM on the same day. Don't miss this chance to invest in Salem's growing market.

Borrower Name:LSP Agro Limited

Auction Type:SARFAESI Auction

Contact Details

Contact Email: [email protected], Mobile No.: 8850593980

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