Ended auction recordThis auction ended on 13 Oct 2026, 11:00 am–12:00 pm.

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Property auction · Ended

Land in Salem

Property information

Property details

AS-B34978F222502391

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
Branch
Omkara PS 01/2025-26 Trust
Property category
Immovable
Important dates

Auction schedule

01Inspection9 Oct 2026, 12:00 pm – 9 Oct 2026, 2:00 pm
02EMD deadline12 Oct 2026, 6:00 pm
03Auction13 Oct 2026, 11:00 am–12:00 pm
04Notice published23 Sept 2026, 12:00 am
05Offer opening12 Oct 2026, 6:05 pm
All times are in Indian Standard Time (IST). Confirm any changes in the official notice.
Bidding information

Auction rules

Bid increment
₹4 lakh
Tender fee
0.00
Maximum extensions
Unlimited Extension
DSC required
No
Research record

Auction record

1 auction

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  1. Ended
    13 Oct 2026, 11:00 am–12:00 pmReserve price ₹4.30 Cr
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