1513.5 square feet Office for sale in Salem

Key dates

1. Pay EMD and submit bid by26 Oct 2026, 5:00 PM
2. Auction27 Oct 2026, 12:30 PM – 1:30 PM · in 12 days

Auction history

What you'd pay at the reserve price

EMD, before the auction

₹17,69,300

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

₹26,53,950

Balance 75%, usually within 15 days

₹1,32,69,750

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

₹8.85 L – ₹14.15 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 · Office

Possession

Symbolic

Auction type

Bank sale (SARFAESI)

Address

All that part and parcel of land and commercial building in the name of Mr.P.G.Aurobindo Balaji located at Salem District,Trichy Main Road,Gugai, T.S.No 111/14, D.No 805, Pilikuthi main Road, New Ward-AA, [Old Ward-H], Block -52 to the extent of 1513.50 sq.ft having following boundaries and measurements. Boundaries as follows: North of : Corporation East West Road South of : 10ft Wide East West Common Pathway East of : Rathinam and Others Property West of : Rathinam and Others Property.

Borrower

TENASIAPPAN AND CO