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Industrial Shed for sale in THARAMANGALAM, SALEM Edaganasalai

Edaganasalai, Salem, Tamil Nadu – 636502

Canara Bank · SPECIALISED ARM BRANCH, TIRUCHIRAPPALLI

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹2,09,00,000
EMD
₹20,90,000
Bid increment
₹1,00,000

This is the 7th auction of this property. The reserve price is 5% lower than at the last auction (₹2,20,00,000 on 29 Aug 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₹2,09,00,000-5.0%Upcoming
29 Aug 2026₹2,20,00,000—Closed
29 Jul 2026₹2,20,00,000-4.9%Closed
24 Jun 2026₹2,31,32,500—Closed
30 May 2026₹2,31,32,500-5.0%Closed
30 Apr 2026₹2,43,50,000—Closed
27 Mar 2026₹2,43,50,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹20,90,000
Rest of 25% when you win (same or next day)
₹31,35,000
Balance 75%, usually within 15 days
₹1,56,75,000
Stamp duty and registration (about 5–8%, varies by state)
₹10.45 L – ₹16.72 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
Industrial · Industrial Shed
Possession
Physical
Address
S. Nos: 61/2B1 & 63/1C2, Sub.Div.S.Nos:61/2B1A, 61/2B1B, Tharamangalam-Omalur Main Road, Sikkampatty Village, Tharamangalam-SRO, Omalur Taluk, Salem – 636 502
Borrower
M/s. SRI SAI AQUA INDUSTRIES

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