Auction Closed · Scheduled Auction Date Passed (13 Oct 2026)
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Land Auction in Salem | Omkara Assets Reconstruction Private Limited Bank Auction
Land Auction in Salem | Omkara Assets Reconstruction Private Limited Auction · Reserve price ₹ 4,30,00,000 · Auction on 13 Oct 2026
₹ 4,30,00,000
Reserve price
Reserve price
₹ 4,30,00,000
EMD
₹ 43,00,000
Auction date
13 Oct 2026
Status
Ended
Bank
Omkara Assets Reconstruction Private Limited
Possession
As per notice
Photos do not establish property condition or title. Confirm the location, inspection window, terms and latest sale notice directly with the selling authority before paying EMD.
Property details
- Property Type
- Land
- Description
- Land auction by Omkara Assets Reconstruction Private Limited in Salem, Tamil Nadu. Property details: 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… Area: 1.36 acres; 0.32 acre; 0.37 acre; 0.30 acre. Reserve price: ₹4,30,00,000. EMD: ₹43,00,000. Auction: 13 October 2026 at 11:00 AM IST.
- Area
- 1.36 acre
- Locality
- Salem
- Full Address
- 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) Lim- ited (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, Ellampil- lai 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), 24/40 (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 & 24/40 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 Thum- bathulipatti Village Boundary, East by S. No. 24/3 Thumbathulipatti Village Boundary, West by S. No. 24/3 part lands
Bank & auction terms
- Auction ID
- AX-0QVIRQO
- Bank / Authority
- Omkara Assets Reconstruction Private Limited
- Reserve Price
- ₹ 4,30,00,000
- EMD Amount
- ₹ 43,00,000
- Auction Date
- 13 Oct 2026
- Auction Time
- 11:00
- Borrower Name
- LSP Agro Limited
Auction documents
- Sale noticesale notice
- Sale notice document 2sale notice
- Sale notice document 3sale notice
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