All auctions / Tamil Nadu / Namakkal
900 square feet Individual House for sale in NAMAKKAL Namakkal
Namakkal, Tamil Nadu – 637001
Canara Bank · SALEM FORT MAIN-1217
- Reserve price
- ₹10,00,000
- EMD
- ₹1,00,000
- Bid increment
- ₹50,000
- Area
- 900 sq ft
- Price per sq ft
- ₹1,111
This is the 9th auction of this property. The reserve price is 5.5% lower than at the last auction (₹10,58,000 on 30 Sep 2026, 11:30 AM). 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 | ₹10,00,000 | -5.5% | Upcoming |
| 30 Sep 2026 | ₹10,58,000 | — | Closed |
| 31 Aug 2026 | ₹10,58,000 | +23.0% | Closed |
| 31 Jul 2026 | ₹8,60,000 | -1.7% | Closed |
| 30 Jun 2026 | ₹8,75,000 | — | Closed |
| 30 May 2026 | ₹8,75,000 | -2.8% | Closed |
| 30 Apr 2026 | ₹9,00,000 | — | Closed |
| 27 Mar 2026 | ₹9,00,000 | -4.8% | Closed |
| 27 Feb 2026 | ₹9,45,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹1,00,000
- Rest of 25% when you win (same or next day)
- ₹1,50,000
- Balance 75%, usually within 15 days
- ₹7,50,000
- Stamp duty and registration (about 5–8%, varies by state)
- ₹50,000 – ₹80,000
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
- Physical
- Auction type
- Bank sale (SARFAESI)
- Address
- Natham S.No.224, New Natham S.No.262/22, S.Valavanthi village, Paramathi Velur taluk, Namakkal - 637017
- Borrower
- KANDASAMY. K
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