E-Auction Sale Notice for Melvisharam Residential Land by Indian Overseas Bank
Aug 13, 2026 • Farheen • Auction Notices / Real Estate Notices
Source:
The New Indian Express E-Paper
Indian Overseas Bank has scheduled a public asset liquidation e-auction under the SARFAESI Act. The online bidding event is set for 29-08-2026 to recover non-performing assets. Total outstanding recovery requirements equal ₹1,80,64,75,771 as of 10-08-2026. The property carries a Reserve Price of ₹71,00,000. The defaulting corporate body is M/s. Saalim Shoes Pvt Limited.