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665 square feet Individual House for sale in SRI RAMANUJAR NAGAR, SALEM Salem

Salem, Tamil Nadu – 636015

State Bank of India · RACPC SALEM-10325

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹52,57,000
EMD
₹5,25,700
Bid increment
₹50,000
Area
1,995 sq ft
Price per sq ft
₹2,635

This is the 3rd auction of this property. The last auction had a reserve of ₹52,57,000. Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property16 Oct 2026, 11:00 AM – 16 Oct 2026, 4:00 PM
  2. Pay EMD and submit bid by29 Oct 2026, 10:45 AM
  3. Auction29 Oct 2026, 11:00 AM – 4:00 PM · in 13 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
29 Oct 2026₹52,57,000—Upcoming
31 Aug 2026₹52,57,000-10.0%Closed
25 May 2026₹58,41,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹5,25,700
Rest of 25% when you win (same or next day)
₹7,88,550
Balance 75%, usually within 15 days
₹39,42,750
Stamp duty and registration (about 5–8%, varies by state)
₹2.63 L – ₹4.21 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
Physical
Auction type
Bank sale (SARFAESI)
Address
2/706F, Plot No 51, Ramanujar Nagar, Samundi Nagar way, Erumapalayam, Salem-636015
Borrower
RAMESH M

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