All auctions / Tamil Nadu / Salem
31Oct
Individual House for sale in THALAIVASAL Salem
Salem, Tamil Nadu – 636112
Canara Bank · SIRUVACHUR-16298
- Reserve price
- ₹18,50,000
- EMD
- ₹1,85,000
- Bid increment
- ₹50,000
- Area
- 1,386 sq ft
- Price per sq ft
- ₹1,335
This is the 3rd auction of this property. The reserve price is 10% lower than at the last auction (₹20,55,000 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 | ₹18,50,000 | -10.0% | Upcoming |
| 30 Sep 2026 | ₹20,55,000 | — | Closed |
| 31 Aug 2026 | ₹20,55,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹1,85,000
- Rest of 25% when you win (same or next day)
- ₹2,77,500
- Balance 75%, usually within 15 days
- ₹13,87,500
- Stamp duty and registration (about 5–8%, varies by state)
- ₹92,500 – ₹1.48 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, Thalaivasal Sub Registration District, Thalaivasal Taluk, Oonathur Village, S. No. 203/3, Plot No. 37
- Borrower
- SMT. M. CHINNAMMAL
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