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ResidentialUpcoming auctionVerified listing

Residential in SALEM

SALEM, Salem

Reserve price
₹1.16 Cr
Auction date
25 Mar 2026
12:30 PM
EMD deadline
26 Feb 2026
5:00 PM
Bid increment
₹1,00,000.00

Location details

Property Address
S.No:73/7, T.S.No:9/25, Rajappan Garden, Plot No:45 & 46, Block No:16,Ward No:X, Seelanaickenpatty Village, Salem - 636010
Locality: SALEM
City: Salem
District: Salem
State: Tamil Nadu
Pin Code: 636010
Country: India
Nearest Airport / Railway Station / Bus Stand
SALEM
Carpet Area: 2100 sq ft
Nearby Locality: SALEM
Furnished: Furnished
Age of Construction: 4 years
Water: AVAILABLE
Electricity: AVAILABLE

Auction timeline

Auction starts
25 Mar 2026 at 12:30 PM
Auction ends
25 Mar 2026 at 1:30 PM
EMD submission deadline
26 Feb 2026 at 5:00 PM

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

Property overview

Type
Residential
Sub Type
Individual House
Area
2100 sq ft
(Carpet)
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹1.60 Cr
Property Identifiers
Bank Property ID
CNRB120304300

Property Images

Price history

1 previous auctions
₹1.6Cr27 Feb₹1.2CrNow 27.5% down
₹1,60,00,000.00
27 Feb 2026
Residential
Canara Bank logoCanara BankPossession: Symbolic

Borrower & Loan details

Borrower Name
P. S. MURUGESAN
Registered Address of Borrower
S/o PALANISAMY @SADAIYAN D. No.5/28, RAJAPPA GARDEN SEELANAYAGANPATTI POST, DADAGAPATTI, SALEM – 636 201
Owner
P. S. MURUGESAN & P. S. KUMAR
Ownership of Property
Borrower
NPA Date
25 Mar 2024
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Customer ID
120304300
Asset Classification
Classification Date
25 Mar 2024
Classification ID
2
Possession Dates
Symbolic
01 Jul 2024

Additional details

Description
RCC ROOF GROUND, FIRST & SECOND FLOOR RESIDENTIAL BUILDING

EMD Schedule

EMD Start
04 Mar 2026
5:50 PM
EMD Deadline
24 Mar 2026
5:00 PM
Payment Deadline
26 Feb 2026

Officer Details

Authorized Officer
ASURI GEETHAKRISHNAN
Scale IV CM
Dealing Officer
A GEETHAKRISHNA

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 5 minutes
Extension Duration
5 minutes
First Bid Acceptance
Yes

Ownership & Legal

Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Property ID
CNRB120304300

Nearby Amenities

Nearest Station
SALEM
Shopping Centers
SALEM
Canara Bank logo
Canara Bank
Verified seller
Branch: SPECIALISED ARM BRANCH, TIRUCHIRAPPALLI
IFSC: CNRB

Bank contact

+91 99999 99999+91 94890 45912
Branch Address
#1, Muthiah Towers, Royal Road, Cantonment,
Department
SPECIALISED ARM BRANCH, TIRUCHIRAPPALLI