All auctions / Tamil Nadu / Padaiveedu
26Oct
36219 square feet Plot for sale in SALEM Padaiveedu
Padaiveedu, Namakkal, Tamil Nadu – 637303
Canara Bank · COIMBATORE SPECIALISED ARM BRANCH
- Reserve price
- ₹7,23,33,000
- EMD
- ₹72,33,300
- Bid increment
- ₹1,00,000
- Area
- 36,219 sq ft
- Price per sq ft
- ₹1,997
This is the 7th auction of this property. The last auction had a reserve of ₹7,23,33,000. 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 11 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 26 Oct 2026 | ₹7,23,33,000 | — | Upcoming |
| 28 Sep 2026 | ₹7,23,33,000 | +26.7% | Closed |
| 31 Jul 2026 | ₹5,71,00,000 | — | Closed |
| 30 Jun 2026 | ₹5,71,00,000 | -5.0% | Closed |
| 30 Apr 2026 | ₹6,01,00,000 | -2.9% | Closed |
| 27 Mar 2026 | ₹6,19,00,000 | — | Closed |
| 27 Feb 2026 | ₹6,19,00,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹72,33,300
- Rest of 25% when you win (same or next day)
- ₹1,08,49,950
- Balance 75%, usually within 15 days
- ₹5,42,49,750
- Stamp duty and registration (about 5–8%, varies by state)
- ₹36.17 L – ₹57.87 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 17/1A2A1, MERKU KADU STREET, SANKARI VILLAGE, SANKARI TALUK, SALEM DISTRICT
- Borrower
- SSPT LOGISTICS
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26Oct
Plot for sale in SALEM Padaiveedu
Padaiveedu, Namakkal, Tamil Nadu
Canara Bank Commercial · Plot
7th auctionSymbolic possession
in 11 days
₹5.36 Cr
EMD ₹53.60 L
