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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
₹4,08,45,000
EMD
₹40,84,500
Bid increment
₹50,000
Area
33,850 sq ft
Price per sq ft
₹1,207

Key dates

  1. Pay EMD and submit bid by22 Oct 2026, 5:00 PM (EMD closes in 6 days)
  2. Auction23 Oct 2026, 2:30 PM – 3:30 PM · in 7 days

What you'd pay at the reserve price

EMD, before the auction
₹40,84,500
Rest of 25% when you win (same or next day)
₹61,26,750
Balance 75%, usually within 15 days
₹3,06,33,750
Stamp duty and registration (about 5–8%, varies by state)
₹20.42 L – ₹32.68 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 property admeasuring 33850 Sq. Ft. along with building having total plinth area of about 1401 Sq. Ft. and all other constructions, improvements, easementary rights existing and appurtenant thereon situated under Sy.No.138/2, Re.Sy.No.138/2A, Patta No.117 of Kondappanaickenpatty Village, Kannankurichi Mitta, Salem Taluk, Salem West Registration District, Salem District and owned by Mrs Sangeetha T, more fully described in Registred Gift Settlement Deed No.483/2004 dated 19.02.2004 and bounded on, North: Panchayath Road East: Property of Sangeetha T and S Muthukumar South: Property of Soubakyanagar West:: Gandhinagar
Borrower
M/s. SKI TImbers

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