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VACANT LAND for sale in KUMARASAMIPATTI Salem

Salem, Tamil Nadu – 636007

Bank of India · ARB COIMBATORE

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Reserve price
₹3,39,00,000
EMD
₹33,90,000
Bid increment
₹50,000
Area
3,190 sq ft
Price per sq ft
₹10,627

This is the 3rd auction of this property. The last auction had a reserve of ₹3,39,00,000. Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property8 Oct 2026, 10:00 AM – 26 Oct 2026, 5:00 PM
  2. Pay EMD and submit bid by27 Oct 2026, 4:00 PM
  3. Auction27 Oct 2026, 11:00 AM – 5:00 PM · in 12 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
27 Oct 2026₹3,39,00,000—Upcoming
25 Sep 2026₹3,39,00,000—Closed
11 Aug 2026₹3,39,00,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹33,90,000
Rest of 25% when you win (same or next day)
₹50,85,000
Balance 75%, usually within 15 days
₹2,54,25,000
Stamp duty and registration (about 5–8%, varies by state)
₹16.95 L – ₹27.12 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 3190 Sq.ft and building measuring 2371 Sq.ft located at plot no.27, D.No.79/27, Old Patta MP 8, Old mitta S.No.241/1 part & 241/2 part, old TS NO.716 part &490/1 part.New TS No.37 part (TS No.37/20, presently TS No.116, old ward No.7, New Ward-C, Presently Ward K, Old Block No.22, New Block No.34,Sankar Nagar, Mitta kumarasampatti, Salem Corporation – 636 007 owned by Mrs S.Eswari ( Sister of father in law of the proprietor) – (Guarantor)
Borrower
M/s JAYALAKSHMI TRADERS

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