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Individual House for sale in Salem

Salem, Tamil Nadu – 636109

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This auction has ended or was withdrawn.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.

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Reserve price
₹21,60,900
EMD
₹2,16,090
Bid increment
₹25,000
Area
735 sq ft
Price per sq ft
₹2,940

This is the 2nd auction of this property. The last auction had a reserve of ₹21,60,900. Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property5 Oct 2026, 11:00 AM – 14 Oct 2026, 5:00 PM
  2. Pay EMD and submit bid by15 Oct 2026, 12:00 PM
  3. Auction15 Oct 2026, 1:00 PM – 5:00 PM · yesterday

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
15 Oct 2026₹21,60,900—Upcoming
15 Sep 2026₹21,60,900—Closed

What you'd pay at the reserve price

EMD, before the auction
₹2,16,090
Rest of 25% when you win (same or next day)
₹3,24,135
Balance 75%, usually within 15 days
₹16,20,675
Stamp duty and registration (about 5–8%, varies by state)
₹1.08 L – ₹1.73 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 piece and parcel of land in Salem district, Salem (East) Registration District, Pethanaickenpalayam Sub Registration District, Pethanaickenpalayam Taluk, Pethanaickenpalayam Village, Natham Survey No 170/20, as per Natham re survey Patta No 1627, Natham Survey No 487/9, ward No 2, Thozhuvar Street, RCC Terrace building/ House Door No 47/2 having the boundaries and extents are as under : South of: Lane Veethi/Street, North of: House allotted to Dhanabal & Varadhan, West of: 2 feet wide lane/Pathway, East of: House of Kaasi. Measuring as on: East-West on Northern side: 21 feet, East-West on Southern side: 21 feet, South - North on Eastern side: 35 feet, South - North on Western side: 35 feet. Thus admeasuring 735 Sq. feet of land along RCC Terrace building (Ground floor admeasuring 735 Sq. feet and First floor admeasuring 200 sq. feet) constructed therein a
Borrower
Mrs. Sandhiya V.

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