Housing Urban and Rular Development Private Organizations Closing in 11 days TDR #57715965

Auction Sale of Property - 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 Inves

Issued by Private Organizations · Salem, Tamil Nadu
Tender Value
4.30 Crore
Estimated cost
Bid Submission
12 Oct 2026
11 days left
EMD
43 Lakhs
Bank guarantee accepted
Document Fee
Ref. Documents
Non-refundable
Tender Type
Online

Tender Overview

Competition Type
NCB
Bidding Type
Auction
Location / State
Salem → Tamil Nadu
EMD Exemption
Not Available
Quantity
Not Available

Project Description

Auction Sale of Property - 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 landsItem 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) landsItem 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

AI Tender Summary

OUR REF NO 57715965
AUTHORITY Private Organizations
TENDER VALUE 4.30 Crore
LAST DATE 12-10-2026
Authority
Authority Name Omkara Asset Reconstruction Private Limited
Work Description Auction Sale of Property - 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 landsItem 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) landsItem 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
Basic Detail
Tender No 241845
Bidding Type Auction
Location
City Salem
State Tamil Nadu
Key Dates
Publish Date 23 Sep 2026
Submission Date 12 Oct 2026
Open Date 01 Jan 0001
Finance
Tender Value 4.30 Crore
Tender Fee Ref. Documents
EMD 43 Lakhs
Exemption Not Available
Document List
06fff19ca5917a1dc9ff0c97f3fa1227.pdf
194dabdb57cf3acf3e2c25650c7fcf4a.pdf
87ab7088c814a560c55974acdb53864b.pdf
af99df90-845c-4f52-9640-b80296d5e45a.html

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Tender Timeline

Sep 23, 2026
11:30 IST

Tender Published

Tender notice published.

Completed
Oct 12, 2026
17:00 IST

Bid Submission Deadline

Online submission via eProcurement portal.

Upcoming · 11 days

Tender Documents

Download All (ZIP) ↓
pdf

06fff19ca5917a1dc9ff0c97f3fa1227.pdf

pdf

194dabdb57cf3acf3e2c25650c7fcf4a.pdf

pdf

87ab7088c814a560c55974acdb53864b.pdf

html

af99df90-845c-4f52-9640-b80296d5e45a.html

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