All auctions / Tamil Nadu / Namakkal
Individual House for sale in NAMAKKAL Namakkal
Namakkal, Tamil Nadu – 637001
Canara Bank · SALEM FORT MAIN-1217
- Reserve price
- ₹64,00,000
- EMD
- ₹6,40,000
- Bid increment
- ₹50,000
- Area
- 1,260 sq ft
- Price per sq ft
- ₹5,081
This is the 9th auction of this property. The reserve price is 1.5% lower than at the last auction (₹65,00,000 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 15 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 31 Oct 2026 | ₹64,00,000 | -1.5% | Upcoming |
| 30 Sep 2026 | ₹65,00,000 | — | Closed |
| 31 Aug 2026 | ₹65,00,000 | -7.1% | Closed |
| 31 Jul 2026 | ₹70,00,000 | — | Closed |
| 30 Jun 2026 | ₹70,00,000 | -4.1% | Closed |
| 30 May 2026 | ₹73,00,000 | — | Closed |
| 30 Apr 2026 | ₹73,00,000 | +30.4% | Closed |
| 27 Mar 2026 | ₹56,00,000 | — | Closed |
| 27 Feb 2026 | ₹56,00,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹6,40,000
- Rest of 25% when you win (same or next day)
- ₹9,60,000
- Balance 75%, usually within 15 days
- ₹48,00,000
- Stamp duty and registration (about 5–8%, varies by state)
- ₹3.20 L – ₹5.12 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
- Namakkal District, Namakkal Registration District, Namakkal Jt No.II SRD, Namakkal Taluk, Namakkal Town Municipality, Natarajapuram 4th street, Old S. No. 369/52 (Part) & 370/3 (part), T. S. No. 2/1A1A, Ward- D, Block – 5
- Borrower
- MANIMEGALAI RAJU
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