Property auction · Upcoming
2537 sq ft Shops in Salem
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Primary auction documentOfficial sale noticeRead the complete description, conditions and payment instructions before taking any action.
Property information
AS-08E11A2553D62303Property details
Door No 1/77 SF No 1/1B2 Selathampatty Main Road, Panangadu, Sivathapuram Village, Suramangalam Sub Reg Div, Salem Corporation, Salem - 636307.
- Asset category
- Commercial
- Asset type
- Shops
- Sale process
- Under DRT
- Possession
- Symbolic
- Locality
- Salem
- State
- Tamil Nadu
- PIN code
- 636307
- Borrower
- E Raja
- Selling institution
- State Bank of India
- Branch
- Smec Salem-61074
- Area
- 2537.00 sq feet
- Loan available
- No
- DRT location
- DRT, Coimbatore
Auction schedule
01Inspection20 Oct 2026, 11:00 am – 20 Oct 2026, 4:59 pm
02EMD deadline9 Nov 2026, 4:00 pm
03Auction10 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.
- Upcoming10 Nov 2026, 10:30 am–11:30 amReserve price ₹1.22 CrThis 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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