Property auction · Upcoming
995 sq ft house in Salem
Industrial Development Bank of India LimitedIndividual HouseSymbolic possessionRef. AS-CE9C677CE3AC0895
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Primary auction documentOfficial sale noticeRead the complete description, conditions and payment instructions before taking any action.
Property information
AS-CE9C677CE3AC0895Property details
- Asset category
- Residential
- Asset type
- Individual House
- Sale process
- Under SARFAESI
- Possession
- Symbolic
- City
- Salem
- State
- Tamil Nadu
- PIN code
- 636010
- Borrower
- M Selvam
- Selling institution
- Industrial Development Bank of India Limited
- Branch
- Salem
- Area
- 995.00 sq feet
- Loan available
- Yes
Auction schedule
01Inspection4 Nov 2026, 3:00 pm – 4 Nov 2026, 4:00 pm
02EMD deadline19 Nov 2026, 5:00 pm
03Auction20 Nov 2026, 10:30 am–11:30 am
Auction rules
- Bid increment
- ₹50,000
- Extension rule
- A valid bid received in the final 5 minutes extends the auction by 5 minutes.
Research record
1 auctionAuction record
See the recorded dates and reserve prices for this asset. Matched re-auctions appear as separate attempts.
- Upcoming20 Nov 2026, 10:30 am–11:30 amReserve price ₹45 lakhThis page →
Before you bid
Understand possession first
A few useful questions before investigating this property in Salem.
- Ask who occupies the property and what the possession process involves.
- Ask an independent professional to review title, boundaries and disclosed encumbrances.
- Confirm outstanding dues, payment deadlines and the stated handover conditions.
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