Residential Plot SARFAESI Auction Symbolic Possession

900 sq ft Residential Plot for Auction in Salem – DCB

Salem, Tamil Nadu · Auction ID #95310

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Reserve Price ₹13,00,000
EMD (Earnest Money)₹1,30,000
Bid Increment₹10,000
Auction Date 19 Nov 2026, 11:30 AM In 4 days
EMD Last Date 18 Nov 2026, 05:00 PM In 3 days
Area900 sq ft
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Property Details

Property type
Residential Plot (Residential)
Possession
Symbolic Possession
Area
900 sq ft
Reserve price / sq ft
₹1,444
Locality
—
City
Salem
Address
Salem East RD, Veerapandi Sub RD, Salem Taluk, Putthur Agraharam Village, Survey No.352/1E Punjai hectare 0.03.0 Acres 0.07 cents of land Asst Rs.0.20, Survey No.352/1F Punjai Hectare 0.09.0 Asst Ra.0.50 measuring Acres 0.06 cents of land, totally measuring Acres 0.13 cents of land, in this 900 sq feet of land situated within the following boundaries are: West of Cattle pathway, East of Ravi land, South of Jeeva land, North of Baby land. Admeasuring 900 sq feet of land with all the mamool pathway and easement rights annexed thereto View on map

Description (as per sale notice)

this 900 sq feet of land. Salem East RD, Veerapandi Sub RD, Salem Taluk, Putthur Agraharam Village, Survey No.352/1E Punjai hectare 0.03.0 Acres 0.07 cents of land Asst Rs.0.20, Survey No.352/1F Punjai Hectare 0.09.0 Asst Ra.0.50 measuring Acres 0.06 cents of land, totally measuring Acres 0.13 cents of land, in this 900 sq feet of land situated within the following boundaries are: West of Cattle pathway, East of Ravi land, South of Jeeva land, North of Baby land. Admeasuring 900 sq feet of land with all the mamool pathway and easement rights annexed thereto
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Bank & Auction Details

Bank / Lender
DCB Bank
Branch
Nungambakkam Branch
Auction type
SARFAESI Auction
Borrower
Mr. S***** S*****
Auction start
19 Nov 2026, 11:30 AM
Auction end
19 Nov 2026, 12:30 PM
EMD submission deadline
18 Nov 2026, 05:00 PM
Inspection
—
Authorised officer
—
Officer contact
—
E-auction portal
4Closure · Listing 2427805
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Price Check

This listing's reserve price works out to ₹1,444 per sq ft. The average across residential bank auctions in Salem on our site is ₹3,458 per sq ft, so this one is 58% 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 (4Closure · Listing 2427805), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹1,30,000 before 18 Nov 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 19 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.

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

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