361 sq ft Land for Auction in Salem – Ujjivan SFB

Property Details

Property type

Land (Land & Agricultural)

Possession

Not specified

Area

361 sq ft

Reserve price / sq ft

₹3,823

Locality

—

City

Salem

State

Tamil Nadu

Address

All piece and parcel of the property situated in Salem District Salem West RD, Suramangalam Sub RD Salem Taluk, Jagir Ammapalayam, Kottal Kaallankuthu Punja Acre 3.86 Asst Rs. 8.2.0 out of those 1/3 share of Punja acre 1.28 Asst out of this Punja acre 0.48 as per the Sub-Divison S.No.251/40 out of this an extent of 361 sq. feet of land is related to this description. The Boundaries and measurements for the same are: East of Property belonging to Kokila and Radhakrishnan Property, West of: North-South Road, North of: Property belonging to Kannan, South of Property belonging to Kalyanasundaram, Measuring East-West Northem Side-31 feet, East-West Southern Side-30% feet, North-South Eastern side- 13 feet Western Side 10% feet; totalling to 361 sq feet of land with Ground Floor and 1" Floor of R.C.C. Terraced Building and with all the fittings of the above building and with all appurtenances annexed thereto. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Ujjivan Small Finance Bank

Branch

Ujjivan Small Finance Bank, Karnataka - BO (Immovable Prop.)

Auction type

SARFAESI Auction

Borrower

Mr. D***** R

Auction start

26 Nov 2026, 11:00 AM

Auction end

26 Nov 2026, 12:00 PM

EMD submission deadline

25 Nov 2026, 05:00 PM

Inspection

24 Nov 2026, 10:00 AM – 24 Nov 2026, 05:00 PM

Authorised officer

—

Officer contact

—

E-auction portal

C1 India

Price Check

This listing's reserve price works out to ₹3,823 per sq ft. The average across land & agricultural bank auctions in Salem on our site is ₹4,537 per sq ft, so this one is 16% below that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues (open notice).
2. Inspect the property on 24 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (C1 India), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹1,38,000 before 25 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 26 Nov 2026 starting above the reserve price, in multiples of ₹10,000.
6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.