All auctions / Tamil Nadu / Salem
Individual House for sale in GANGAVALLI Salem
Salem, Tamil Nadu – 636113
Canara Bank · THAMMAMPATTI-4366
- Reserve price
- ₹7,25,000
- EMD
- ₹72,500
- Bid increment
- ₹50,000
- Area
- 409 sq ft
- Price per sq ft
- ₹1,775
This is the 9th auction of this property. The reserve price is 3.3% lower than at the last auction (₹7,50,000 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 14 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 31 Oct 2026 | ₹7,25,000 | -3.3% | Upcoming |
| 30 Sep 2026 | ₹7,50,000 | — | Closed |
| 31 Aug 2026 | ₹7,50,000 | -3.2% | Closed |
| 31 Jul 2026 | ₹7,75,000 | — | Closed |
| 30 Jun 2026 | ₹7,75,000 | -3.1% | Closed |
| 30 May 2026 | ₹8,00,000 | — | Closed |
| 30 Apr 2026 | ₹8,00,000 | -3.1% | Closed |
| 27 Mar 2026 | ₹8,26,000 | — | Closed |
| 27 Feb 2026 | ₹8,26,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹72,500
- Rest of 25% when you win (same or next day)
- ₹1,08,750
- Balance 75%, usually within 15 days
- ₹5,43,750
- Stamp duty and registration (about 5–8%, varies by state)
- ₹36,250 – ₹58,000
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
- In the East Registration District of Salem, Sub-registration District of Thammampatti, Taluk of Gangavalli, Village of Nagiampatti, Ward no. 8, the house vacant site situated in Manaivari Patta No. 1066
- Borrower
- SMT. CHINNAPONNU
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