Plot for Auction T Maramangalam Village Omalur Taluk Salem 4 Lakh by Union Bank of India 14 Jul 2026
T. Maramangalam Village, Omalur Taluk, Salem
Area: 0.1 acres
S.No. 7/10F, NEW S.No. 7/10F1, T. Maramangalam Village, Omalur Taluk, Salem, Tamil Nadu
Union Bank of India · Asset Recovery Branch
Reserve price
₹4,00,000
EMD ₹40,000
Auction date
14 Jul 2026, 12:00 PM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 0.1 acres
- ▸Locality: T. Maramangalam Village, Omalur Taluk
- ▸Reserve: ₹4,00,000
- ▸EMD: ₹40,000
Auction snapshot
| Possession | Symbolic |
| Property type | Plot · Residential |
| Locality | T. Maramangalam Village, Omalur Taluk |
| Built-up / plot area | 0.1 acres |
| Lender | Union Bank of India |
| Branch | Asset Recovery Branch |
| Unit / flat no. | S.No. 7/10F, NEW S.No. 7/10F1 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | BAANKNET |
About this property
Plot bank auction in T. Maramangalam Village, Omalur Taluk, Salem by Union Bank of India — reserve price ₹4,00,000, 0.1 acres, Symbolic possession.
Discover a valuable bank auction property: a residential plot for sale in T. Maramangalam Village, Omalur Taluk, Salem, Tamil Nadu. This land parcel, identified by S.No. 7/10F, NEW S.No. 7/10F1, encompasses 0.10 acres (9.88 cents) and comes with essential pathway and easementary rights. Situated within the Salem West RD and Tharamangalam SRD, it presents an excellent investment opportunity for prospective buyers. The e-auction, conducted by Union Bank of India, features an attractive reserve price of ₹400,000, with an EMD of ₹40,000 and a bid increment of ₹10,000. The auction is scheduled for July 14, 2026, from 12:00 PM to 05:00 PM. Possession is constructive, and the bank confirms no known encumbrances. This plot is an ideal choice for those seeking a land asset in a developing region of Tamil Nadu.
GeoSquare note: This plot in T. Maramangalam Village, Omalur Taluk, Salem, represents a strong buy opportunity. With a reasonable reserve price of ₹400,000 for 0.10 acres, it includes valuable pathway and easementary rights. The absence of known encumbrances and constructive possession further enhance its appeal as an investment.
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