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995 square feet Individual House for sale in Salem

Salem, Tamil Nadu – 636010

IDBI Bank · Salem

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹45,00,000
EMD
₹4,50,000
Bid increment
₹50,000
Area
995 sq ft
Price per sq ft
₹4,523

Key dates

  1. Inspect the property4 Nov 2026, 3:00 PM – 4 Nov 2026, 4:00 PM
  2. Pay EMD and submit bid by19 Nov 2026, 5:00 PM
  3. Auction20 Nov 2026, 10:30 AM – 11:30 AM · in 34 days

What you'd pay at the reserve price

EMD, before the auction
₹4,50,000
Rest of 25% when you win (same or next day)
₹6,75,000
Balance 75%, usually within 15 days
₹33,75,000
Stamp duty and registration (about 5–8%, varies by state)
₹2.25 L – ₹3.60 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
Door No. 5/327, Alagu Nagar, Kattur, Amani Kondalampatti Village, Salem
Borrower
M Selvam

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