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Residential in Salem

Salem

Reserve price
₹1.25 Cr
Auction date
11 Mar 2026
11:00 AM
EMD deadline
25 Sept 2025
3:00 PM
Bid increment
₹1,00,000.00

Location details

Property Address
OLD DOOR NO 8/930,126/930 AND 15, NEW DOOR NO 128, NEW DOOR NO 128B/38, THANGA SENGODAMUTHALI STREET, AMMAPET, NEAR VINAYAKAR TEMPLE, SALEM - 636003
City: Salem
District: Salem
State: Tamil Nadu
Pin Code: 636003
Country: India

Auction timeline

Auction starts
11 Mar 2026 at 11:00 AM
Auction ends
11 Mar 2026 at 4:00 PM
EMD submission deadline
25 Sept 2025 at 3:00 PM

EMD must be submitted before this time to be eligible to bid.

Property overview

Type
Residential
Sub Type
Individual House
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹1.54 Cr
Property Identifiers
Bank Property ID
PUNBLEA9504434
Collateral ID
LEA9504434

Property Images

Price history

6 previous auctions
₹1.5Cr30 Jul₹1.5Cr₹1.4Cr₹1.2CrNow 19.0% down
₹1,38,60,000.00
6 Feb 2026
Residential
Punjab National Bank logoPunjab National BankPossession: Symbolic
₹1,38,60,000.00
12 Jan 2026
Residential
Punjab National Bank logoPunjab National BankPossession: Symbolic
₹1,54,00,000.00
17 Dec 2025
Residential
Punjab National Bank logoPunjab National BankPossession: Symbolic

Borrower & Loan details

Borrower Name
C BHARATHIRAJA AND KANMANI TEXTILES
Registered Address of Borrower
NEW DOOR NO 15/1 THANGASENGODAN SOUTH STREET, AMMAPET, SALEM - 636003
Owner
C. BHARATHIRAJA , B. KANAKA AND C. KARTHIKEYAN
Co-Borrower(s)
B. KANAKA,C. KARTHIEYAN
NPA Amount
₹69.97 L
NPA Date
12 Jan 2017
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
LEA9504434
Customer ID
APZ008247
Demand Notice
Notice Date
25 Feb 2025
Notice Amount
₹1.50 Cr
Possession Dates
Symbolic
11 Jun 2025

Additional details

Description
OLD DOOR NO 8/930,126/930 AND 15, NEW DOOR NO 128, NEW DOOR NO 128B/38, THANGA SENGODAMUTHALI STREET, AMMAPET, NEAR VINAYAKAR TEMPLE, SALEM - 636003

EMD Schedule

EMD Start
20 Feb 2026
4:56 PM
EMD Deadline
11 Mar 2026
3:00 PM
Payment Deadline
25 Sept 2025

Officer Details

Authorized Officer
SYMA JAYAPRAKASAN
Authorised Officer - Scale - IV - CM

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹1,00,000.00
Extension Increment
₹1,00,000.00
Auto Extension
Enabled
Extension Trigger
Last 10 minutes
Extension Duration
10 minutes
First Bid Acceptance
Yes

Ownership & Legal

Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Collateral ID
LEA9504434
Property ID
PUNBLEA9504434
Punjab National Bank logo
Punjab National Bank
Verified seller
Branch: ARMB COIMBATORE 437100
IFSC: PUNB

Bank contact

+91 93923 87502
Branch Address
448 A,DR.NANJAPPA ROAD,COIMBATORE
Branch IFSC
PUNB0437100
Department
ARMB COIMBATORE 437100