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Industrial and Residential property for sale in Industrial and Residential developing…

PN Patti, Salem, Tamil Nadu – 636404

Canara Bank · SPECIALISED ARM BRANCH, TIRUCHIRAPPALLI

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹43,35,000
EMD
₹4,33,500
Bid increment
₹50,000

This is the 7th auction of this property. The reserve price is 5% lower than at the last auction (₹45,62,000 on 29 Jul 2026, 12:30 PM). Unsold properties usually come back at a lower reserve.

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 10 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
27 Oct 2026₹43,35,000-5.0%Upcoming
29 Jul 2026₹45,62,000-5.0%Closed
24 Jun 2026₹48,02,000-2.0%Closed
30 May 2026₹49,00,000—Closed
30 Apr 2026₹49,00,000-2.0%Closed
25 Mar 2026₹50,00,000—Closed
27 Feb 2026₹50,00,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹4,33,500
Rest of 25% when you win (same or next day)
₹6,50,250
Balance 75%, usually within 15 days
₹32,51,250
Stamp duty and registration (about 5–8%, varies by state)
₹2.17 L – ₹3.47 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
Other · Others
Possession
Symbolic
Auction type
Bank sale (SARFAESI)
Address
Salem West Registration District, Mettur Sub Registrartion District, Mettur Taluk, Konur West Village, Old S.No.646/8, New S.No.646/8F, Patta No.3046, Document No.698/2013
Borrower
M/s. CHINNAPPA INDUSTRIES, Prop: THIYAGARAJAN

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