All auctions / Tamil Nadu / Gangavalli
31Oct
1118 square feet Individual House for sale in Gangavalli Taluk, Gangavalli Village…
Gangavalli, Salem, Tamil Nadu – 636105
Canara Bank · GANGAVALLI-16302
- Reserve price
- ₹34,00,000
- EMD
- ₹3,40,000
- Bid increment
- ₹50,000
- Area
- 1,092 sq ft
- Price per sq ft
- ₹3,114
This is the 9th auction of this property. The last auction had a reserve of ₹34,00,000. Unsold properties usually come back at a lower reserve.
Key dates
- Inspect the property17 Oct 2026, 11:00 AM – 17 Oct 2026, 4:00 PM
- Pay EMD and submit bid by30 Oct 2026, 5:00 PM
- Auction31 Oct 2026, 11:30 AM – 12:30 PM · in 16 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 31 Oct 2026 | ₹34,00,000 | — | Upcoming |
| 30 Sep 2026 | ₹34,00,000 | -3.2% | Closed |
| 31 Aug 2026 | ₹35,11,800 | — | Closed |
| 31 Jul 2026 | ₹35,11,800 | -2.5% | Closed |
| 30 Jun 2026 | ₹36,00,000 | — | Closed |
| 30 May 2026 | ₹36,00,000 | -2.7% | Closed |
| 30 Apr 2026 | ₹37,00,000 | — | Closed |
| 27 Mar 2026 | ₹37,00,000 | -8.6% | Closed |
| 27 Feb 2026 | ₹40,50,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹3,40,000
- Rest of 25% when you win (same or next day)
- ₹5,10,000
- Balance 75%, usually within 15 days
- ₹25,50,000
- Stamp duty and registration (about 5–8%, varies by state)
- ₹1.70 L – ₹2.72 L
You may bid above the reserve in steps of ₹50,000. If you lose, the EMD is refunded. Check the notice for exact terms and any dues (society, tax, electricity) the buyer must pay.
Property
- Type
- Residential · Individual House
- Possession
- Symbolic
- Auction type
- Bank sale (SARFAESI)
- Address
- Salem East RD, Gangavalli Sub RD, Gangavalli Taluk, Gangavalli Village (North Bit), Natham S. No. 78/1A in Ward No. 4 & Gangavalli Village (North Bit), Natham S. No. 84, Ward No. 4, Ottar Street
- Borrower
- SRI. B. BABU
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