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Auction date awaited. The bank has listed this property for sale but has not scheduled the auction yet. The price shown is the bank's indicative price. Save it or get free alerts — once the auction is announced it will appear in our auction listings with the reserve price, EMD and date.

Commercial Building SARFAESI Auction Symbolic Possession

1,449 sq feet Commercial Building for Sale (Bank Auction) in Amani Kondalampatty Village, Salem Taluk, Salem – Canara

Amani Kondalampatty Village, Salem Taluk, Salem, Tamil Nadu · Auction ID #55725

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Commercial Building photo 1 Commercial Building photo 2
Indicative Price ₹25,50,000
EMD (Earnest Money)—
Bid Increment—
Auction Date Not yet scheduled
EMD Last Date —
Area1,449 sq feet

Property Details

Property type
Commercial Building (Commercial)
Possession
Symbolic Possession
Area
1,449 sq feet (≈ 1,449 sq ft)
Reserve price / sq ft
₹1,760
Locality
Amani Kondalampatty Village, Salem Taluk
City
Salem
Pincode
636010
Address
Amani Kondalampatty Village, Salem Taluk, Tamil Nadu, 636010 View on map

Description (as per sale notice)

All that piece and parcels of Land and Building in the name of SRI. Late. K KANDASAMY S/o KUPPUSAMY (represented by his legal heirs 1. K Mani S/o Late K Kandasamy, 2. Sri. K Karunanithi S/o Late K Kandasamy & 3. Smt. P Kannaki W/o Palanisamy) in Salem District, Salem East Registration District, Veerapandi Sub-Registration District, Salem Taluk, Amani Kondalampatty Village bearing Ka.Re.S.No. 44/3 Dry 0.97 Acres of Land, as per Sub-Division Patta No. 232, S.No. 44/3A Dry 0.01.5 Hectares of Land in this 1449 Sq. Ft of Land within the following boundaries, The Boundaries of the property are as follows: EAST of: Land of Muthusamy and Common Wall. WEST of: 20 Ft North – South Road NORTH of: Land of Raju SOUTH of: Karatoor Water Tank The Linear measurements of the property are as follows, East – West on the North: 20 Ft. East – West on the South: 26 Ft South – North on the East: 63 Ft. South – North on the West: 63 Ft. Total, 1449 Sq. Ft of Land with building, doors, windows, electrical fittings and other easementary rights.

BAANKNET Property ID: CNRB216900439

Bank & Auction Details

Bank / Lender
Canara Bank
Branch
SALEM ANNADANAPATTI-16297
Auction type
SARFAESI Auction
Borrower
M/s. K T K M*** M****
Auction start
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Auction end
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EMD submission deadline
—
Inspection
—
Authorised officer
—
Officer contact
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Price Check

This listing's reserve price works out to ₹1,760 per sq ft. The average across commercial bank auctions in Salem on our site is ₹3,834 per sq ft, so this one is 54% 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 CNRB216900439)), 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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