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Individual House for sale in STEEL PLANT ROAD, SALEM Salem

Salem, Tamil Nadu – 636306

Canara Bank · SALEM FORT MAIN-1217

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹80,00,000
EMD
₹8,00,000
Bid increment
₹50,000
Area
2,614 sq ft
Price per sq ft
₹3,061

This is the 3rd auction of this property. The reserve price is 5.2% lower than at the last auction (₹84,42,000 on 30 Sep 2026, 11:30 AM). Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property17 Oct 2026, 11:00 AM – 17 Oct 2026, 4:00 PM
  2. Pay EMD and submit bid by30 Oct 2026, 5:00 PM
  3. Auction31 Oct 2026, 11:30 AM – 12:30 PM · in 16 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
31 Oct 2026₹80,00,000-5.2%Upcoming
30 Sep 2026₹84,42,000—Closed
31 Aug 2026₹84,42,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹8,00,000
Rest of 25% when you win (same or next day)
₹12,00,000
Balance 75%, usually within 15 days
₹60,00,000
Stamp duty and registration (about 5–8%, varies by state)
₹4.00 L – ₹6.40 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
S.NO.329/3A, OLD STEEL PLANT ROAD, THESA VIZHAKKU NORTH VILLAGE, THARAMANGALAM SRO, OMALUR, SALEM - 636306
Borrower
KALIYAPPAN. K

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