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785 square feet Individual House for sale in Salem

Salem, Tamil Nadu – 636002

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This auction has ended or was withdrawn.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.

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹49,15,800
EMD
₹4,91,580
Bid increment
₹25,000
Area
785 sq ft
Price per sq ft
₹6,262

This is the 5th auction of this property. The last auction had a reserve of ₹49,15,800. 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 (EMD closes today)
  3. Auction15 Oct 2026, 1:00 PM – 5:00 PM · today

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
15 Oct 2026₹49,15,800—Upcoming
18 Aug 2026₹49,15,800-7.6%Closed
16 Jun 2026₹53,21,700—Closed
29 May 2026₹53,21,700-10.0%Closed
17 Mar 2026₹59,13,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹4,91,580
Rest of 25% when you win (same or next day)
₹7,37,370
Balance 75%, usually within 15 days
₹36,86,850
Stamp duty and registration (about 5–8%, varies by state)
₹2.46 L – ₹3.93 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
Door No.101J/1 Pension Line Main Road,Annathanapatti line Anadipatti village,Salem
Borrower
MANJULA

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