Property auction · Ended
Land in Salem
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 (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
- Asset category
- Land & Plot
- Asset type
- Land
- Sale process
- SARFAESI
- City
- Salem
- Borrower
- LSP Agro Limited
- Selling institution
- Omkara Assets Reconstruction Private Limited
- Branch
- Omkara PS 01/2025-26 Trust
- Property category
- Immovable
Auction schedule
Auction rules
- Bid increment
- ₹4 lakh
- Tender fee
- 0.00
- Maximum extensions
- Unlimited Extension
- DSC required
- No
Auction record
See the recorded dates and reserve prices for this asset. Matched re-auctions appear as separate attempts.
- Ended13 Oct 2026, 11:00 am–12:00 pmReserve price ₹4.30 CrThis page →
Use this record wisely
A past auction is useful evidence—not proof of a completed sale.
- Compare the recorded reserve price with any newer attempt.
- Check whether the dates, terms or asset description changed.
- Confirm current availability before planning a visit or paying EMD.