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Individual House for sale in SALEM Salem

Salem, Tamil Nadu – 636138

Canara Bank · SPECIALISED ARM BRANCH, TIRUCHIRAPPALLI

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹72,87,000
EMD
₹7,28,700
Bid increment
₹1,00,000
Area
2,486 sq ft
Price per sq ft
₹2,931

This is the 8th auction of this property. The reserve price is 5% lower than at the last auction (₹76,71,000 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₹72,87,000-5.0%Upcoming
24 Sep 2026₹76,71,000—Closed
25 Aug 2026₹76,71,000-5.0%Closed
29 Jul 2026₹80,75,000—Closed
24 Jun 2026₹80,75,000+12.2%Closed
25 Mar 2026₹72,00,000—Closed
27 Feb 2026₹72,00,000-1.5%Closed
30 Jan 2026₹73,10,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹7,28,700
Rest of 25% when you win (same or next day)
₹10,93,050
Balance 75%, usually within 15 days
₹54,65,250
Stamp duty and registration (about 5–8%, varies by state)
₹3.64 L – ₹5.83 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
Auction type
Bank sale (SARFAESI)
Address
All that piece and parcel of land and building at S.No.1006/2B2, 1015/1C, as per new revenue record S.No.1006/2B2, 1015/1C, Chinnakalrayanmalai, Vadakkunadu, Karumanthurai Village, Pethanaickenpalayam Taluk, Salem District
Borrower
SRI. P. RAMESH, SMT. R. JAYANTHI

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