All auctions / Tamil Nadu / Salem
27Oct
- Reserve price
- ₹2,63,00,000
- EMD
- ₹26,30,000
- Bid increment
- ₹50,000
- Area
- 17,533 sq ft
- Price per sq ft
- ₹1,500
This is the 3rd auction of this property. The last auction had a reserve of ₹2,63,00,000. Unsold properties usually come back at a lower reserve.
Key dates
- Inspect the property8 Oct 2026, 10:00 AM – 26 Oct 2026, 5:00 PM
- Pay EMD and submit bid by27 Oct 2026, 4:00 PM
- Auction27 Oct 2026, 11:00 AM – 5:00 PM · in 12 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 27 Oct 2026 | ₹2,63,00,000 | — | Upcoming |
| 25 Sep 2026 | ₹2,63,00,000 | — | Closed |
| 11 Aug 2026 | ₹2,63,00,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹26,30,000
- Rest of 25% when you win (same or next day)
- ₹39,45,000
- Balance 75%, usually within 15 days
- ₹1,97,25,000
- Stamp duty and registration (about 5–8%, varies by state)
- ₹13.15 L – ₹21.04 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
- Other · Others
- Possession
- Symbolic
- Auction type
- Bank sale (SARFAESI)
- Address
- EQM of Residential land admeasuring 40.25 cents located at Old RS No.80/2 part & 83 part, Ward-AK, block No.9 Vaikai Pattarai, Velayuthaudaiyar Thottam,near Varma City , Ammapet, Salem – 636003 in the name of Mrs.K Priyadharshini (Spouse of the proprietor) – (Guarantor).
- Borrower
- M/s JAYALAKSHMI TRADERS
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