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

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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