All auctions / Tamil Nadu / Salem
22Oct
- Reserve price
- ₹1,67,00,000
- EMD
- ₹16,70,000
- Bid increment
- ₹50,000
- Area
- 3,052 sq ft
- Price per sq ft
- ₹5,472
Key dates
- Pay EMD and submit bid by21 Oct 2026, 5:00 PM (EMD closes in 4 days)
- Auction22 Oct 2026, 12:30 PM – 1:30 PM · in 5 days
What you'd pay at the reserve price
- EMD, before the auction
- ₹16,70,000
- Rest of 25% when you win (same or next day)
- ₹25,05,000
- Balance 75%, usually within 15 days
- ₹1,25,25,000
- Stamp duty and registration (about 5–8%, varies by state)
- ₹8.35 L – ₹13.36 L
You may bid above the reserve in steps of ₹50,000. 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 · Land
- Auction type
- Bank sale (SARFAESI)
- Address
- All that part and parcel of land admeasuring 3052 Sq. Ft. with building along with all improvements and usufructs thereon with mamool rights of way and easementary rights thereon in old survey 38/7, subdivision 38/7A, New Sy. No. 38/ 7A2, Patta No. 577 of Chinna Seeragapadi Village, Salem South Taluk, Veerapandi Sub Registration District, Salem (East) Registration District owned by Mr. S. Ravichandran and more fully described in Registered Sale Deed No. 2266/ 2017 dated 15.09.2017 of Veerapandi SRO and bounded as follows: North East Property belongs to Kulanthaivel @ Manickam. : 18 Feet Wide South - North Common Pathway. West Vacant Lands of Primary Agricultural Co-operative Bank :
- Borrower
- M/s. JSR Traders
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