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Land for sale in Salem

Salem, Tamil Nadu

South Indian Bank · South Indian Bank Ltd, Coimbatore - BO

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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

  1. Pay EMD and submit bid by21 Oct 2026, 5:00 PM (EMD closes in 4 days)
  2. 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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