All auctions / Tamil Nadu / Salem
Individual House for sale in SALEM Salem
Salem, Tamil Nadu – 637212
Canara Bank · SALEM MEYYANUR ROAD-3942
- Reserve price
- ₹9,50,000
- EMD
- ₹95,000
- Bid increment
- ₹50,000
- Area
- 1,591 sq ft
- Price per sq ft
- ₹597
This is the 8th auction of this property. The reserve price is 2.6% lower than at the last auction (₹9,75,000 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 | ₹9,50,000 | -2.6% | Upcoming |
| 30 Sep 2026 | ₹9,75,000 | — | Closed |
| 31 Aug 2026 | ₹9,75,000 | -2.5% | Closed |
| 31 Jul 2026 | ₹10,00,000 | — | Closed |
| 30 Jun 2026 | ₹10,00,000 | -4.8% | Closed |
| 30 May 2026 | ₹10,50,000 | — | Closed |
| 30 Apr 2026 | ₹10,50,000 | +5.0% | Closed |
| 27 Mar 2026 | ₹10,00,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹95,000
- Rest of 25% when you win (same or next day)
- ₹1,42,500
- Balance 75%, usually within 15 days
- ₹7,12,500
- Stamp duty and registration (about 5–8%, varies by state)
- ₹47,500 – ₹76,000
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
- Namakkal District, Namakkal Registration District, Velagoundampatty Sub Registration District, Tiruchengode Taluk, Akkalampatty Village, Land comprised in Natham Survey No. 398 (p) [Hect.06.61.00, i.e., Acre 16.33
- Borrower
- SMT. P. PUSPA
Similar auctions nearby
-
31Oct
Individual House for sale in GANGAVALLI Salem
Salem, Tamil Nadu
Canara Bank Residential · Individual House
9th auction409 sq ftSymbolic possession
in 15 days
₹7.25 L
₹1,775/sq ft
-
31Oct
Individual House for sale in METTUR Salem
Salem, Tamil Nadu
Canara Bank Residential · Individual House
9th auction1,292 sq ftSymbolic possession
in 15 days
₹12.00 L
₹929/sq ft
-
19Nov
₹13.00 L
-
28Oct
₹13.05 L
EMD ₹1.30 L