Property auction · Upcoming

2537 sq ft Shops in Salem

State Bank of IndiaShopsSymbolic possessionRef. AS-08E11A2553D62303
Primary auction documentOfficial sale noticeRead the complete description, conditions and payment instructions before taking any action.
Property information

Property details

AS-08E11A2553D62303

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
Important dates

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
All times are in Indian Standard Time (IST). Confirm any changes in the official notice.
Bidding information

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

Auction record

1 auction

See the recorded dates and reserve prices for this asset. Matched re-auctions appear as separate attempts.

  1. Upcoming
    10 Nov 2026, 10:30 am–11:30 amReserve price ₹1.22 Cr
    This page →
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Before you bid

Understand possession first

A few useful questions before investigating this property in Salem.

  1. Ask who occupies the property and what the possession process involves.
  2. Ask an independent professional to review title, boundaries and disclosed encumbrances.
  3. Confirm outstanding dues, payment deadlines and the stated handover conditions.
Confirm the official terms. Keep account credentials, OTPs and all payments under your control.
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