CommercialUpcoming auctionVerified listing
Commercial in YERCAUD
YERCAUD, Salem
Reserve price
₹8.13 Cr
Auction date
25 Mar 2026
12:30 PM
EMD deadline
29 Jan 2026
5:00 PM
Bid increment
₹1,00,000.00
Location details
Property Address
Salem District, Salem East Registration District, Yercaud SRD, Yercaud Taluk, Yercaud Village in Old Survey No.34/11A1, New Survey No.34/11A1A1
Locality: YERCAUD
City: Salem
District: Salem
State: Tamil Nadu
Pin Code: 636601
Country: India
Nearest Airport / Railway Station / Bus Stand
YERCAUD
Auction timeline
Auction starts
25 Mar 2026 at 12:30 PM
Auction ends
25 Mar 2026 at 1:30 PM
EMD submission deadline
29 Jan 2026 at 5:00 PM
EMD must be submitted before this time to be eligible to bid.
Property overview
Type
Commercial
Sub Type
Hotel
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹8.56 Cr
Property Identifiers
Bank Property ID
CNRB109853739
Collateral ID
109853739
Property Images
Price history
2 previous auctions₹8,56,00,000.00
26 Feb 2026
Commercial
Canara BankPossession: Symbolic₹8,56,00,000.00
30 Jan 2026
Commercial
Canara BankPossession: SymbolicBorrower & Loan details
Borrower Name
M/s. RICHMOUNT NATURAL RESORT PRIVATE LTD
Registered Address of Borrower
D. No.324, VANNIYAR STREET,
KANNANKURICHI, SALEM - 636 008
Mobile: 9894855556
Owner
M/s. RICHMOUNT NATURAL RESORT PRIVATE LTD Represented by its managing director Sri. K. MUTHUKUMAR S/o A KANDASAMY
Ownership of Property
Borrower
NPA Date
27 Mar 2023
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
109853739
Customer ID
109853739
Asset Classification
Classification Date
27 Mar 2023
Classification ID
3
Possession Dates
Symbolic
17 Jun 2023
Additional details
Description
Salem District, Salem East Registration District, Yercaud SRD, Yercaud Taluk, Yercaud Village in Old Survey No.34/11A1, New Survey No.34/11A1A1, A total extent of 4.30 Acres in this 1.49 acres
EMD Schedule
EMD Start
04 Mar 2026
6:43 PM
EMD Deadline
24 Mar 2026
5:00 PM
Payment Deadline
29 Jan 2026
Officer Details
Authorized Officer
ASURI GEETHAKRISHNAN
Scale IV CM
Dealing Officer
A GEETHAKRISHNA
Auction Rules
Type of Action
Under SARFAESI
Bid Increment
₹1,00,000.00
Extension Increment
₹1,00,000.00
Auto Extension
Enabled
Extension Trigger
Last 5 minutes
Extension Duration
5 minutes
First Bid Acceptance
Yes
Ownership & Legal
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Collateral ID
109853739
Property ID
CNRB109853739
Nearby Amenities
Nearest Station
YERCAUD
Property Images
Canara Bank
Verified seller
Branch: SPECIALISED ARM BRANCH, TIRUCHIRAPPALLI
IFSC: CNRB
Bank contact
+91 99999 99999+91 80153 87419
Branch Address
#1, Muthiah Towers, Royal Road, Cantonment,Department
SPECIALISED ARM BRANCH, TIRUCHIRAPPALLI