Property Description

Immovable properties owned and mortgaged by Mr. S. K. Arun Land measuring 4710sq. ft, situated at Alagapuram Village, Salem Taluk, Under Old S.No.94and New S.No.94/3C2. Item No.1: 2338 sq. ft of land situated at Alagapuram Village, Salem Taluk, Salem District under old S.No.94 and as per the new Sub-Division S.No.94/3C2. South- Umasankar Vacant Land North Thangammal House West - 12 feet passage East-Samadhanam and Thangammal House Item No.2: 1062 sq. ft of land situated at Alagapuram Village, Salem Taluk, Salem District under old S.No.94 and as per the new Sub-Division S.No.94/3C2. South- Manimaran Vacant Land North - Srinivasan Residential Property West- 12 feet passage East- Chinnayan Vacant Land Item No.3: 1310 sq. ft of land situated at Alagapuram Village, Salem Taluk, Salem District under old S.No.94 and as per the new Sub-Division S.No.94/3C2. South- Nagarajan Vacant Land North - Umasankar and Chinnayan Vacant Land West- 12 feet passage East- Chinnayan Vacant Land Together with all buildings and structures thereon attached to the earth or permanently to anything attached to the earth, both present and future. As per Encumbrance certificate dated 28.04.2023 for the period from 01.01.1987 to 25.04.2023, Subsequent Encumbrance certificate dated 12.12.2025 for the period from 01.01.2005 to 10.12.2025 and Subsequent Encumbrance certificate dated 25-07-2026 for the period from 20-01-2026 to 22.07.2026, there is nil encumbrance. The schedule properties are available with the Nodal officer of the Bank mentioned below for inspection. Claims, if any, which have been put forward to the property, and any other known particulars bearing on its nature and value: No claim is pending before this Recovery Office. Further as per the order of Inspector General of Registration, Tamil Nadu in No.21343/C1/2021 dated 10.07.2021, even if any attachment by any civil court or other authority is there then still the Sub-registrar cannot refuse to register the sale certificate when the same is sold by DRT, in view of S.31-B of Recovery of Debts and Bankruptcy Act, 1993.

Auction Details

• Inspection Start Date & Time12-10-2026 11:00 am
• Inspection End Date & Time12-10-2026 05:00 pm
• EMD Start Date & Time06-10-2026 11:00 am
• EMD End Date & Time28-10-2026 05:00 pm
• EMD Amount 17,10,000
• Auction Type Forward Auction
• Auction Start Date & Time29-10-2026 10:00 am
• Auction End Date & Time29-10-2026 11:00 am