Property Type:
Location:
Auction Date:Auction Details
Auction ID:558090
Bank Name:Indian Overseas Bank
Branch Name:REGIONAL OFFICE: SALEM
Reserve Price:₹2,56,200
EMD:₹25,620
Service Provider:BAANKNET
Important Dates
Submission Date:25-08-2025 05:00 PM
Bid Start Date:26-08-2025 11:00 AM
Property Description
This auction features a residential plot located in the Padaiveedu area of Salem, Tamil Nadu. The property is part of a SARFAESI auction conducted by Indian Overseas Bank, related to a loan account of Mr. P. Sekar. The land offers a solid investment prospect in a developing locality within Salem. Ideal for residential construction or as an investment, this plot is being offered through a transparent auction process.
State:Tamil Nadu
City:Salem
Area:Padaiveedu
Asset Category:Residential
Auction Description
Indian Overseas Bank presents a SARFAESI auction for a residential plot in Padaiveedu, Salem, Tamil Nadu. This is a prime opportunity to acquire property owned by Mr. P. Sekar. The auction starts on August 26, 2025, at 11:00 AM and concludes at 3:00 PM on the same day. The reserve price is set at ₹2,56,200, with an Earnest Money Deposit (EMD) of ₹25,620 required to participate. Don't miss this chance to invest in Salem's growing real estate market.
Borrower Name:Mr. P. Sekar
Auction Type:SARFAESI Auction
Contact Details
Contact: Mrs. Maheswari B Mob: 8925950796
