All auctions / Tamil Nadu / Salem
689 square feet Individual House for sale in Salem Town, Thathampatty Village Salem
Salem, Tamil Nadu – 636014
Canara Bank · SALEM MEYYANUR ROAD-3942
- Reserve price
- ₹25,00,000
- EMD
- ₹2,50,000
- Bid increment
- ₹50,000
- Area
- 1,286 sq ft
- Price per sq ft
- ₹1,944
This is the 9th auction of this property. The last auction had a reserve of ₹25,00,000. 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 | ₹25,00,000 | — | Upcoming |
| 30 Sep 2026 | ₹25,00,000 | -9.1% | Closed |
| 31 Aug 2026 | ₹27,50,000 | — | Closed |
| 31 Jul 2026 | ₹27,50,000 | +3.8% | Closed |
| 30 Jun 2026 | ₹26,50,000 | — | Closed |
| 30 May 2026 | ₹26,50,000 | -1.9% | Closed |
| 30 Apr 2026 | ₹27,00,000 | — | Closed |
| 27 Mar 2026 | ₹27,00,000 | -9.7% | Closed |
| 27 Feb 2026 | ₹29,90,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹2,50,000
- Rest of 25% when you win (same or next day)
- ₹3,75,000
- Balance 75%, usually within 15 days
- ₹18,75,000
- Stamp duty and registration (about 5–8%, varies by state)
- ₹1.25 L – ₹2.00 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 District, Salem East Registration District, Salem Taluk, Salem Town, Thathampatty Village, Survey Number T.S.No. 185/4(Part), Ward - AK, Block – 27, T.S.NO. 67
- Borrower
- M/s. SIVAMANI TEX & Late SRI. N. DHANASEKARAN
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