All auctions / Tamil Nadu / Salem
Individual House for sale in Salem
Salem, Tamil Nadu – 636003
Bank of Maharashtra · SALEM-MAIN ROAD
This auction has ended or was withdrawn. Banks often re-auction at a lower reserve price, so check current auctions nearby.
- Reserve price
- ₹1,00,39,500
- EMD
- ₹10,03,950
- Bid increment
- ₹25,000
- Area
- 1,540 sq ft
- Price per sq ft
- ₹6,519
This is the 2nd auction of this property. The last auction had a reserve of ₹1,00,39,500. Unsold properties usually come back at a lower reserve.
Key dates
- Inspect the property5 Oct 2026, 11:00 AM – 14 Oct 2026, 5:00 PM
- Pay EMD and submit bid by15 Oct 2026, 12:00 PM (EMD closes today)
- Auction15 Oct 2026, 1:00 PM – 5:00 PM · today
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 15 Oct 2026 | ₹1,00,39,500 | — | Upcoming |
| 18 Aug 2026 | ₹1,00,39,500 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹10,03,950
- Rest of 25% when you win (same or next day)
- ₹15,05,925
- Balance 75%, usually within 15 days
- ₹75,29,625
- Stamp duty and registration (about 5–8%, varies by state)
- ₹5.02 L – ₹8.03 L
You may bid above the reserve in steps of ₹25,000. 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 part and parcel of land in Salem District, Salem East Registration district, Salem Town, land to the extent of 1540 sq.ft and building and all other usufructs, easements and improvements thereon. at 10th ward, Ammapet, Sankaran Street, Old TS No.1747, 1902, New Survey No. ward N, Block-16, New TS No.26, Door No.1C bounded as North : Sankaran Street South : Sinnusamy property East : Kangasivam partition Property West : Kumaravel, Gurusamy Mudaliar & others property In between. East West on North side & South Side 22 feet, North South on both sides 70 feet Above property situated in Salem resurvey patta ward AJ, Block-16, TS No.26/5B, old Survey No.26/5part, Door No.2 with water connection, Eb Service etc.
- Borrower
- Mr. A. Durairaj
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