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House SARFAESI Auction Symbolic Possession

2,648 sq feet House for Sale (Bank Auction) in Salem – Canara

Salem, Tamil Nadu · Auction ID #53700

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House photo 1
Indicative Price ₹76,48,000
EMD (Earnest Money)—
Bid Increment—
Auction Date Not yet scheduled
EMD Last Date —
Area2,648 sq feet

Property Details

Property type
House (Residential)
Possession
Symbolic Possession
Area
2,648 sq feet (≈ 2,648 sq ft)
Reserve price / sq ft
₹2,888
Locality
—
City
Salem
Pincode
636002
Address
Salem, Tamil Nadu, 636002 View on map

Description (as per sale notice)

Land and Building in the name of SMT. B. THILAGAVATHI W/O R. BABU situated in Salem District, Salem West RD, Salem West No.3 Joint Sub RD, Salem District, Shevapat, Pallapatty Village, Ward - E Block No. 10, T. S. No. 18/1B, Dry 2.43 acres of land, T. S. No. 18/4, Dry 0.05 ½ acres of land, T. S. No. 16/2 Dry 4.43 acres of land in total 6.91 ½ acres of land, As per Sub Division, Ward –E, Block No. 10, T. S. No. 16/2C, 18/1B, in this 2648 sq. ft of land within the following boundaries. Boundaries West of - Land in T. S. No. 38 East of - Land of Saravanan and others. South of - East West 20 feet Road and land of Thilagavathy North of - Land in T. S. No. 22 within these boundaries: East West on the North - 41 ½ ft East West on the South - 46 ft North South on the East - 60 ¼ ft North South on the West - 61 ½ ft Thus admeasuring 2648 Sq. ft of Land together with building and right of way and other easementary rights.

BAANKNET Property ID: CNRBDHARSINITRADERS

Bank & Auction Details

Bank / Lender
Canara Bank
Branch
SPECIALISED ARM BRANCH, TIRUCHIRAPPALLI
Auction type
SARFAESI Auction
Borrower
DHARSINI T*****
Auction start
—
Auction end
—
EMD submission deadline
—
Inspection
—
Authorised officer
—
Officer contact
—

Price Check

This listing's reserve price works out to ₹2,888 per sq ft. The average across residential bank auctions in Salem on our site is ₹3,645 per sq ft, so this one is 21% 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 CNRBDHARSINITRADERS)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before —. It is refunded if you don't win.
  5. Bid online on — 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.

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 Canara Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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