Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:610774
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹29,00,000
EMD:₹2,90,000
Service Provider:BAANKNET
Important Dates
Submission Date:25-11-2025 04:00 PM
Bid Start Date:2025-11-26
Property Description
This is a prime residential plot located in Attur, Salem, Tamil Nadu. The property is being auctioned by Canara Bank under SARFAESI Act. Ideal for residential development, this plot offers a great investment opportunity in a growing area. Don't miss this chance to own a valuable piece of land in Salem.
State:Tamil Nadu
City:Salem
Area:Attur
Asset Category:Residential
Full Address:S.No. 97/1, Vall Vettu Angamuthu Street, Narasingapuram Village, Narasingapuram, Attur, Salem
Size:1081 Sq.ft
Auction Description
Canara Bank is holding a SARFAESI auction for a residential plot in Attur, Salem, Tamil Nadu. The auction will take place on November 26, 2025, from 12:30 PM to 01:30 PM. The reserve price is set at ₹29,00,000 with an EMD of ₹2,90,000. This is a direct opportunity to acquire property from the bank, bypassing typical real estate complexities. Interested bidders are encouraged to review all auction terms and conditions.
Borrower Name:M/S. SRI APR GINNING MILLS
Auction Type:SARFAESI Auction
Guarantor Names:Sri. P. Rajendran, Smt. R. Amudha, M/S. SRI R NATHAN TRADERS, SMT. AMUDHA
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The plot offers a decent investment potential due to its location in Attur, Salem. While it's a vacant plot and requires development, the relatively low reserve price and manageable EMD make it a worthwhile opportunity for investors seeking land in a developing area. Further due diligence is recommended.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
