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Land in Salem, Tamil Nadu

Salem, Tamil Nadu

This land property in Salem, Tamil Nadu is up for auction by Omkara Assets Reconstruction Private Limited, at a reserve price of ₹27 Cr. The stated extent is 1.36 acres (largest of 13). The earnest-money deposit is ₹2.70 Cr. Bidding opens on 13 Nov 2026, 11:00 AM IST on the official e-auction portal. The listing is republished from a statutory SARFAESI sale notice and refreshed daily; verify every detail against the notice before bidding.

Open the full listingSale notice (PDF)View on the official portal

Auction details

Legal description

Pari Passu Charge with Kotak Mahindra Bank (erstwhile Lakshmi Vilas Bank) on the factory lands at T.S.No. 92/2, ward No.E, Block-7, 63 pallapatty Village, itteri Road, Salem West Joint III Sub Reg Div, Salem Taluk, Salem District, belonging to B.S. Shanmugam admeasuring 0.95 acres boundaries of which are as follows. North of Kaialinga Udaiyar Property, South of Perumal Property, East of itteri Road, West of 16’0 Road Pari Passu charge with Kotak Mahindra Bank (erstwhile Lakshmi Vilas Bank) on the EM of factory land having an extent of 9,651 sq. ft (Excl.1,270 sq. ft on which Ganesh Temple has been built abutting Suramangalam Main Road) in TS No.92/4 and 8,138 sq. ft in TS No.92/8 aggregating to 17,789 sq. ft (excluding lands on which Ganesh Temple has been built of 1,270 sq. ft) with superstructures thereon belonging to Mr. B.S. Arunachalam the boundaries of which are as follows: Item No.1:- In Pallapatty Village T.S.No.92/4, Block No.7, Ward E situated North of Krishnan’s Property, South of Suramangalam main road, East of 16ft Pulbic Cart – Track Xerox Copy 8, West of Salem Co-op Marketing Society Item No.2:- In Pallapatty Village T.S.No.92/8, Block No.7, Ward E situated North of Krishnan’s Property, South of Kumareses’s Property, East of 16ft Public cart – Track, West of Salem Co-op Marketing Society Pari Passu charge with Kotak Mahindra Bank (erstwhile Lakshmi Vilas Bank) on the EM of factory land having an extent of 6200 sq. ft on TS No.92/5 and 7920 sq. ft in TS No.92/9 aggregating to 14120 sq. ft in Ward E Block with superstructures thereon belonging to Mr. B.S. Krishnan the boundaries of which are as follows. Item No.1 :-In Pallapatty Village T.S.No.92/5, extent of 6200 sq. ft in Ward E Block, Suramangalam Main road, Salem taluk, Salem District situated North – Arunachalam Property, South-Chandrasekar Property, East- Co-op Marketing Society, West -16’0 Public Cart track Item No.2 :-In Pallapatty Village T.S.No.92/9, extent of 7920 sq. ft. in Ward E Block, Suramangalam Main road, Salem taluk, Salem District situated North-Arunachalam Property, South - Chandrasekar Property, East- Co-op Marketing Society,West -16’0 Public Cart track Pari Passu charge with Kotak Mahindra Bank (erstwhile Lakshmi Vilas Bank) on the EM of factory land having an extent of 90 cents (45 cents in TS Nos 93 & 45 cents in TS No.93 & 16/1) with superstructures thereon,Item No.1:- In Pallapatty Village T.S.No.93, extent 45 cents belonging to (i) Mr. B.S. Selvakumar (ii) Mr. B.S. Mohan Kumar (iii) Mr. B.S. Muralidharan & (iv) Mrs. Vasantha situated North of Sri. S. Ravi Babu Property, South of LSP Oil Mill compound, East of Sivaramalingaudayar property, West of marketing society & Mannarchettiyar Property Item No.2 :-In Pallapatty Village T.S.No.93& 16/1, extent 45 cents belonging to (i) Mr. B.K. Hemanth Kumar, (ii) Mr. B.C. Dharmaprakash, (iii) Mr. B.C. Karthik, (iV) Mr. B.K. Rajaganesh & (V) Mr. B.K. Sivakaumar situated North of Sivaramalingaudayar land, South of Mannar Cheety land and B.P.Prusothaman Vadaiyar Property, East of Sivaramalingaudayar land, West of 16 wide itteri common pathway and mannarchetty land Pari-Passu charge with Kotak Mahindra Bank (erstwhile Lakshmi Vilas Bank) on Factory Land having an extent of 1.36 acres belonging jointly to (i) M/s Vasantha Arunachalam Investments (P) Limited (ii) M/s Hemanth Kumar Investments (P) Limited (iii) M/s Dhakshayani Investments (P) Limited & (iv) M/s Usharani Investments (P) Limited admeasuring 1.36 acres, the boundaries of which are as follows: Item No. 1-In Naickempatti Village, Sy No. 24/4K (Part), 24/4L (Part), 24/4M (Part), extent of 0.32 acre, Salem Taluk, Salem District situated:North by S. No. 23, Ellampillai Main Road, South by S. No. 24/4N & 24/4M lands, East by S. No. 24/2 land, West by S. No. 24/4K, 24/4L & 24/4M lands.Item No.2-In Naickempatti Village, Sy No. 24/4N (Part), 24/4O (Part), extent of 0.37 acre, Salem Taluk, Salem District situated:North by S. No. 24/4M (Part) land, South by S. No. 24/4P land, East by S. No. 24/2 land, West by S. No. 24/4N (Part), 24/4M (Part) lands Item No.3-In Naickempatti Village, Sy No. 24/4P (Part), extent of 0.30 acre, Salem Taluk, Salem District situated:North by S. No. 24/4N & 24/4O lands, South by S. No. 24/3 lands, East by No. 12, Thumbathulipatti Village, West by S. No. 24/5 lands. Item No.4:-In Naickempatti Village, Sy No. 24/3 (New No. 24/3A 2A), extent of 0.37 acre, Salem Taluk, Salem District situated:North by S. No. 24/4P, M/s Usharani Investments (P) Limited land & Thumbathulipatti Village Boundary, South by Thumbathulipatti Village Boundary, East by S. No. 24/3 Thumbathulipatti Village Boundary, West by S. No. 24/3 part lands

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This listing is republished from a statutory sale notice published by the lender on an official e-auction portal, and is refreshed daily. Verify every detail against the notice and the portal before you bid. BidBazaar is not the seller and is not a party to the auction.