1994 square feet Godowns for sale in Salem

Key dates

1. Pay EMD and submit bid by16 Nov 2026, 5:00 PM
2. Auction17 Nov 2026, 12:30 PM – 1:30 PM · in 32 days

What you'd pay at the reserve price

EMD, before the auction

₹7,12,500

Rest of 25% when you win (same or next day)

₹10,68,750

Balance 75%, usually within 15 days

₹53,43,750

Stamp duty and registration (about 5–8%, varies by state)

₹3.56 L – ₹5.70 L

You may bid above the reserve in steps of ₹1,00,000. 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

Commercial · Godowns

Possession

Symbolic

Auction type

Bank sale (SARFAESI)

Address

All that piece and parcel of land in the name of SMT. R. RAJA RAJESWAREE W/o RAJKUMAR in Salem District, Salem East Registration District, Dadagapathy Sub Registration District, Salem Taluk, Now Salem City Corporation, Gugai, Sankari Main Road, South side, Ward Old H, Block 11, New AA, Town Survey No. 5/4 part, measuring an extent of 1994 Sq.ft of land bounded as follows: To the East of : Property belongs to Mr. Mohanraj To the West of : Property belongs to Mr.Mothiraj and Mr.Rajkumar To the South of: Sankari Main Road To the North of: Property belongs to Mr.Mohanraj Out of the total land extent of 9,685.73 sq.ft., an extent of 4,534.50 sq.ft. has already been auctioned. As per valuation report, it is observed that the remaining portion on the western side, measuring approximately 1,994 sq.ft., of land/site excluding the extent of road formed portion, out of total extent of 9685.73 Sq.ft. The above extent of 1994 Sq.ft., comes under the NEW RE Survey Settlement WARD AA Block 11 Town Survey No.5/4.

Borrower

GRAND POLYMERS