Property for Auction in Kannankurichi, Salem, Tamil Nadu
Auction ID:568170
Bank Name:DCB Bank
Branch Name:Salem Branch
Reserve Price:₹42,00,000
EMD:₹4,20,000
Service Provider:bankauctions.in
Submission Date:15-09-2025 05:00 PM
Bid Start Date:16-09-2025 11:30 AM
A prime residential plot located in Kannankurichi, Salem, Tamil Nadu. This asset, designated for a SARFAESI auction by DCB Bank, offers a significant opportunity for development or investment in a growing urban area. The property is situated in a well-regarded locality known for its accessibility and developing infrastructure. Ideal for those looking to build a home or capitalize on real estate potential in Salem.
State:Tamil Nadu
City:Salem
Area:Kannankurichi
Asset Category:Residential
DCB Bank presents a SARFAESI auction for a residential plot in Kannankurichi, Salem, Tamil Nadu. The auction will be held on September 16, 2025, from 11:30 AM to 12:30 PM. The reserve price for this property is INR 42,00,000, with an Earnest Money Deposit (EMD) of INR 4,20,000 required. This is a direct opportunity to acquire a valuable plot of land, formerly mortgaged by Mr. Arivuselvam M, through a transparent auction process managed by DCB Bank.
Borrower Name:Mr. Arivuselvam M
Auction Type:SARFAESI Auction
M No ; 9160005011/01/09