Property for Auction in valapaddy, Salem, Tamil Nadu
Auction ID:547219
Bank Name:Union Bank of India
Branch Name:ASSET RECOVERY BRANCH, COIMBATORE
Reserve Price:₹14,10,000
EMD:₹1,41,000
Service Provider:BAANKNET
Submission Date:13-08-2025 05:00 PM
Bid Start Date:14-08-2025 12:00 PM
This listing is for a residential plot located in Valapaddy, Salem, Tamil Nadu. The property is being auctioned by the Union Bank of India under SARFAESI proceedings. It presents a valuable investment or development opportunity in a well-connected region of Salem. Further details regarding the plot's dimensions and specific location within Valapaddy will be available to interested bidders.
State:Tamil Nadu
City:Salem
Area:valapaddy
Asset Category:Residential
Union Bank of India invites bids for a SARFAESI auction of a residential plot in Valapaddy, Salem, Tamil Nadu. The auction, held on August 14, 2025, from 12:00 PM to 5:00 PM, has a reserve price of INR 14,10,000 and an EMD of INR 1,41,000. The property is associated with borrower M/s. Sri Sivakami Traders. This is a prime opportunity to acquire a plot in a developing area of Salem.
Borrower Name:M/s. Sri Sivakami Traders
Auction Type:SARFAESI Auction
Mr. Bimal Sukumar.A Chief Manager Mobile No : 9769479168