All auctions / Tamil Nadu / Salem
31Oct
- Reserve price
- ₹12,00,000
- EMD
- ₹1,20,000
- Bid increment
- ₹50,000
- Area
- 1,292 sq ft
- Price per sq ft
- ₹929
This is the 9th auction of this property. The last auction had a reserve of ₹12,00,000. 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 15 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 31 Oct 2026 | ₹12,00,000 | — | Upcoming |
| 30 Sep 2026 | ₹12,00,000 | -4.2% | Closed |
| 31 Aug 2026 | ₹12,53,000 | — | Closed |
| 31 Jul 2026 | ₹12,53,000 | +19.3% | Closed |
| 30 Jun 2026 | ₹10,50,000 | — | Closed |
| 30 May 2026 | ₹10,50,000 | -4.5% | Closed |
| 30 Apr 2026 | ₹11,00,000 | — | Closed |
| 27 Mar 2026 | ₹11,00,000 | -4.3% | Closed |
| 27 Feb 2026 | ₹11,50,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹1,20,000
- Rest of 25% when you win (same or next day)
- ₹1,80,000
- Balance 75%, usually within 15 days
- ₹9,00,000
- Stamp duty and registration (about 5–8%, varies by state)
- ₹60,000 – ₹96,000
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 District, Salem West Registration District, Mettur Sub Registration District, Mettur Taluk, Lakkampatti Village, S. No. 203, New sub-division S. No. 560/3 (part), New Natham S. No. 560/7, Natham Patta No. 986
- Borrower
- SRI. S. MOORTHI
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