Plot for Auction Amani Olaipatty Village Salem 5 Lakh by Union Bank of India 14 Jul 2026
Amani Olaipatty Village, Salem
Area: 0.37 ACRES
S.No. 81/21, Amani Olaipatty Village, Mettur Taluk, Mecheri SRD, Salem West RD, Tamil Nadu.
Union Bank of India · Asset Recovery Branch
Reserve price
₹5,00,000
EMD ₹50,000
Auction date
14 Jul 2026, 12:00 PM
Auction notice
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Quick read
- ▸Possession: Constructive Possession
- ▸Area: 0.37 ACRES
- ▸Locality: Amani Olaipatty Village
- ▸Reserve: ₹5,00,000
- ▸EMD: ₹50,000
Auction snapshot
| Possession | Constructive Possession |
| Property type | Plot · Residential |
| Locality | Amani Olaipatty Village |
| Built-up / plot area | 0.37 ACRES |
| Lender | Union Bank of India |
| Branch | Asset Recovery Branch |
| Unit / flat no. | S.No. 81/21 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | BAANKNET |
About this property
Plot bank auction in Amani Olaipatty Village, Salem by Union Bank of India — reserve price ₹5,00,000, 0.37 ACRES, Constructive Possession possession.
Discover a valuable bank auction property: a residential plot for sale in Amani Olaipatty Village, Mettur Taluk, Salem District, Tamil Nadu. Offered by Union Bank of India, this plot (S.No. 81/21) spans approximately 0.37 acres. The e-auction, scheduled for July 14, 2026, presents an attractive reserve price of ₹500,000 and an EMD of ₹50,000. With constructive possession and no known encumbrances, this plot is ideal for investors or individuals seeking land in Salem. Secure your chance to own a bank auction property with clear legal standing.
GeoSquare note: This land plot offers a promising investment opportunity due to its competitive reserve price and clear legal status (NIL encumbrance, constructive possession). Located in Amani Olaipatty Village, Mettur Taluk, Salem, it has potential for appreciation in a growing semi-urban area. The transparent auction process by Union Bank of India further enhances its appeal, making it a strong buy for long-term growth.
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