Representative illustration — Plot bank auction in Pethanaickenpalayam
Representative illustration — not the actual property photograph.
Plot Residential Symbolic possession Strong Buy

Plot for Auction Pethanaickenpalayam Salem 7.5 Lakh by Motilal Oswal Home Finance Ltd 27 Jul 2026

Pethanaickenpalayam, Salem

Old Survey No:333/1 New Survey No: 333/1R, Thumbal Village, Pethanaickenpalayam Taluk, Salem, Tamil Nadu

Motilal Oswal Home Finance Ltd · Corporate Office : Mumbai

Reserve price

₹7,50,000

EMD ₹75,000

Auction date

27 Jul 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Locality: Pethanaickenpalayam
  • Reserve: ₹7,50,000
  • EMD: ₹75,000

Auction snapshot

PossessionSymbolic
Property typePlot · Residential
LocalityPethanaickenpalayam
LenderMotilal Oswal Home Finance Ltd
BranchCorporate Office : Mumbai
Unit / flat no.Old Survey No:333/1, New Survey No: 333/1R
Auction typeSARFAESI Auction
Service providerPublic Auction

About this property

Plot bank auction in Pethanaickenpalayam, Salem by Motilal Oswal Home Finance Ltd — reserve price ₹7,50,000, Symbolic possession.

Discover a prime bank auction property: a residential plot for sale in Thumbal Village, Pethanaickenpalayam Taluk, Salem, Tamil Nadu. This valuable land, identified by Old Survey No:333/1 and New Survey No: 333/1R, is being auctioned by Motilal Oswal Home Finance Ltd with a reserve price of ₹7,50,000. Interested buyers can participate in the e-auction on July 27, 2026. This is an excellent opportunity for investment in a growing locality through a transparent bank auction process. Secure your future by bidding on this attractive plot in Salem.

GeoSquare note: This plot in Thumbal Village, Pethanaickenpalayam, Salem, offers a strong investment opportunity, particularly given its affordable reserve price of ₹7,50,000. Located in a developing area, land assets tend to appreciate well. While possession is symbolic, which carries some inherent risk, the low entry price and good location make it a compelling option for investors looking for long-term growth in Tamil Nadu.

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