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Individual House for sale in SALEM Salem

Salem, Tamil Nadu – 636005

Canara Bank · SPECIALISED ARM BRANCH, TIRUCHIRAPPALLI

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹1,11,20,000
EMD
₹11,12,000
Bid increment
₹1,00,000

This is the 10th auction of this property. The reserve price is 4.8% lower than at the last auction (₹1,16,79,000 on 24 Sep 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 12 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
27 Oct 2026₹1,11,20,000-4.8%Upcoming
24 Sep 2026₹1,16,79,000—Closed
25 Aug 2026₹1,16,79,000-5.0%Closed
29 Jul 2026₹1,22,94,000—Closed
24 Jun 2026₹1,22,94,000-5.0%Closed
27 May 2026₹1,29,41,000—Closed
30 Apr 2026₹1,29,41,000-2.0%Closed
25 Mar 2026₹1,32,05,000—Closed
26 Feb 2026₹1,32,05,000-5.0%Closed
30 Jan 2026₹1,39,00,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹11,12,000
Rest of 25% when you win (same or next day)
₹16,68,000
Balance 75%, usually within 15 days
₹83,40,000
Stamp duty and registration (about 5–8%, varies by state)
₹5.56 L – ₹8.90 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
Residential · Individual House
Possession
Symbolic
Address
Salem District, Salem West Registration District, Suramangalam Sub Registration District, Old Suramangalam Village, Anna Street, Old S. No. 31/4 & Natham S. No. 30/1, Re-S. No. 31/4A & Natham S. No. 30/1
Borrower
S S ECO MOTORS

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