House SARFAESI Auction Symbolic Possession

2,400 sq feet House for Auction in Salem District, Pn Patti, Salem – Union Bank

Salem District, Pn Patti, Salem, Tamil Nadu · Auction ID #119006

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House for auction in Salem District, Pn Patti, Salem – Union Bank – photo 1
House for auction in Salem District, Pn Patti, Salem – Union Bank – photo 2
House for auction in Salem District, Pn Patti, Salem – Union Bank – photo 3
House for auction in Salem District, Pn Patti, Salem – Union Bank – photo 4
House for auction in Salem District, Pn Patti, Salem – Union Bank – photo 5
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Reserve Price ₹45,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 10 Dec 2026, 12:00 PM In 25 days
EMD Last Date 10 Dec 2026, 04:59 PM In 25 days
Area2,400 sq feet
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Property Details

Property type
House (Residential)
Possession
Symbolic Possession
Area
2,400 sq feet (≈ 2,400 sq ft)
Reserve price / sq ft
₹1,875
Locality
Salem District, Pn Patti
City
Salem
Pincode
636402
Address
Salem District, PN Patti, Tamil Nadu, 636402 View on map

Description (as per sale notice)

All that piece and parcel of land in Salem District, Salem West Registration District, Mettur Sub-Registration District, Mettur Taluk, Pottaneri Nallagoundampatty Village, Natham Survey No. 68/2, As per Natham land Tax scheme (i) Survey No. 1023/6 to the extent of 0.0062.0 Sq. meters (ii) Survey No. 1023/7 to the extent of 0.0066.0 Sq. meters in above, the land measuring 1379¾ Sq. feet of land within the following boundaries: East of : Anaigounder House West of : Sembannam House South of : Karumalai House North of : East West Road Measuring 1379¾ Sq. feet of land along with old RCC Terrace Building (Ground Plus One Upper floor each admeasuring 1379¾ Sq. feet) bearing Door Nos. 223, 223/1

BAANKNET Property ID: UBINCHEARB4866A
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Bank & Auction Details

Bank / Lender
Union Bank of India
Branch
ASSET RECOVERY BRANCH, CHENNAI-554740
Auction type
SARFAESI Auction
Borrower
S V P E*****
Auction start
10 Dec 2026, 12:00 PM
Auction end
10 Dec 2026, 05:00 PM
EMD submission deadline
10 Dec 2026, 04:59 PM
Inspection
—
Authorised officer
B GAYATRI
Officer contact
8825413171
E-auction portal
BAANKNET (Property ID UBINCHEARB4866A)
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Price Check

This listing's reserve price works out to ₹1,875 per sq ft. The average across residential bank auctions in Salem on our site is ₹3,458 per sq ft, so this one is 46% 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.
  2. Inspect the property on the inspection date given in the notice and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID UBINCHEARB4866A)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 10 Dec 2026, 04:59 PM. It is refunded if you don't win.
  5. Bid online on 10 Dec 2026 starting above the reserve price.
  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.

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Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Union Bank of India. Always verify every detail with the official notice and the authorised officer before paying any money.

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