2.31 cent Land for Auction in Salem – Chola

Property Details

Property type

Land (Land & Agricultural)

Possession

Not specified

Area

2.31 cent (≈ 1,006 sq ft)

Reserve price / sq ft

₹31,921

Locality

—

City

Salem

State

Tamil Nadu

Address

Item No. 1: in Salem District, Salem West R.D., Tharamangalam Sub R.D., Omalur Taluk, Dhesavilakku South Village, S. No. 217/10, Punjai hector 0.93.5., (Acre 2.31 cents) Asst. Rs. 3.60., our of this land with an extent of acre 0.74 cents of land out of this extent of 0.52 cents is related to description. The boundaries and measurments for the same are East of the land belonged to Selvam and Common well portion; South of the land belonged to Vairavel; North of the Partition land belonged to Selvam and S.No. 206/1D1G mentioned land; West of the partition land belonged to Vairavel and Selvam and Road; within the above boundaries and measuring acre 0.52 cents of land in full and common well portion with all parthway rights and with an easement rights annexed thereto. The above decribed property situated within the limit of Dhesavilakku Village as per the sub-division S.No. 217/10A. Item No.2: In Salem District Salem West R.D. Tharamangalam Sub R.D., Omalur Taluk, Dhesavilakku South Village, Patta No. 768, S.No. 217/10, Punjal hector 0.93.5., (Acre 2.31 cents) Asst. Rs.3.60., out of this land with an extent of acre 0.23 cents of land in related to description. The boundaries and measurements for the same are East and South of the Agriculture land belonged to Manoharan; West of the Road; North of the Pathway Road; within the above boundaries and measuring acre 0.23 cents of land in full with all pathway rights and within as easement rights annexed thereto. The above described prope View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Cholamandalam Investment and Finance Company

Branch

—

Auction type

SARFAESI Auction

Borrower

—

Auction start

18 Nov 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 468149

Price Check

This listing's reserve price works out to ₹31,921 per sq ft. The average across land & agricultural bank auctions in Salem on our site is ₹4,772 per sq ft, so this one is 569% above 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 468149), 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 18 Nov 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.