525 sq ft Land for Auction in Salem – DCB

Property Details

Property type

Land (Land & Agricultural)

Possession

Symbolic Possession

Area

525 sq ft

Reserve price / sq ft

₹4,190

Locality

—

City

Salem

State

Tamil Nadu

Address

Salem West RD, Suramangalam Sub RD, Salem Taluk, Alagapuram Pudur Village, Survey No.135/11 Punjai Acres 0.86 Asst Rs. 2.68 as per present Sub division Patta No.655, Survey No. 135/11H Punjai Hectare 0.04.0 Asst Rs.0.30 related land situated within the following boundaries are: East of remaining land of Chinapappa, West of Palaniyammal Property, North of Revathy Property, South of 5 feet wide East-West pathway. Within the following measurement are: East-West on the Northern Side 15 feet, Southern Side 15 feet, South - North on the Eastern Side 35 feet, Western side 35 feet, measuring 525 Sq. feet of land with all the mamool pathway and easement rights annexed thereto. Property related as per present Town Re Survey Ward E, Block 23, TS.No.200, Property situated at Rogini Gardens. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

DCB Bank

Branch

Nungambakkam Branch

Auction type

SARFAESI Auction

Borrower

Mr. R***** S***** (*****

Auction start

23 Dec 2026

Auction end

23 Dec 2026, 12:30 PM

EMD submission deadline

22 Dec 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 472925

Price Check

This listing's reserve price works out to ₹4,190 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 8% 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 (AuctionTiger · Auction ID 472925), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹2,20,000 before 22 Dec 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 23 Dec 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.