All auctions / Tamil Nadu / Padaiveedu
26Oct
Plot for sale in SALEM Padaiveedu
Padaiveedu, Namakkal, Tamil Nadu – 637303
Canara Bank · COIMBATORE SPECIALISED ARM BRANCH
- Reserve price
- ₹5,36,00,000
- EMD
- ₹53,60,000
- Bid increment
- ₹1,00,000
This is the 7th auction of this property. The last auction had a reserve of ₹5,36,00,000. Unsold properties usually come back at a lower reserve.
Key dates
- Pay EMD and submit bid by26 Oct 2026, 11:00 AM
- Auction26 Oct 2026, 11:30 AM – 12:30 PM · in 9 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 26 Oct 2026 | ₹5,36,00,000 | — | Upcoming |
| 28 Sep 2026 | ₹5,36,00,000 | +34.3% | Closed |
| 31 Jul 2026 | ₹3,99,00,000 | — | Closed |
| 30 Jun 2026 | ₹3,99,00,000 | -5.0% | Closed |
| 30 Apr 2026 | ₹4,20,00,000 | -8.3% | Closed |
| 27 Mar 2026 | ₹4,58,00,000 | — | Closed |
| 27 Feb 2026 | ₹4,58,00,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹53,60,000
- Rest of 25% when you win (same or next day)
- ₹80,40,000
- Balance 75%, usually within 15 days
- ₹4,02,00,000
- Stamp duty and registration (about 5–8%, varies by state)
- ₹26.80 L – ₹42.88 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 · Plot
- Possession
- Symbolic
- Auction type
- Bank sale (SARFAESI)
- Address
- SF NO 17/1A2A2, MERKU KADU STREET, SANKARI VILLAGE, SANKARI TALUK, SALEM.
- Borrower
- SRI SENDRAYA PERUMAL TRANSPORT
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26Oct
36219 square feet Plot for sale in SALEM Padaiveedu
Padaiveedu, Namakkal, Tamil Nadu
Canara Bank Commercial · Plot
7th auction36,219 sq ftSymbolic possession
in 9 days
₹7.23 Cr
₹1,997/sq ft
