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Commercial Shops in Salem, Tamil Nadu
Salem, Tamil Nadu
This commercial property in Salem, Tamil Nadu is up for auction by State Bank of India, at a reserve price of ₹1.22 Cr. The stated extent is 2,537 sq ft. An earnest-money deposit of ₹12.20 L is due by 9 Nov 2026, 04:00 PM IST. Bidding opens on 10 Nov 2026, 10:30 AM IST on the official e-auction portal. The listing is republished from a statutory SARFAESI sale notice and refreshed daily; verify every detail against the notice before bidding.
Open the full listingSale notice (PDF)View on the official portal
Auction details
| Reserve price | ₹1.22 Cr |
|---|---|
| EMD amount | ₹12.20 L |
| Auction starts | 10 Nov 2026, 10:30 AM IST |
| Auction ends | 10 Nov 2026, 11:30 AM IST |
| EMD deadline | 9 Nov 2026, 04:00 PM IST |
| Inspection | 20-10-2026 11:00 – 20-10-2026 16:59 |
| Bank | State Bank of India |
| Branch | SMEC SALEM-61074 |
| Property type | Commercial |
| Sub type | Shops |
| Extent | 2,537 sq ft |
| PIN code | 636307 |
| Status | Upcoming |
| Bank property ID | SBIN200008102026 |
| Type of auction | Under DRT |
| Possession | Symbolic |
| Locality | Salem |
| Borrower address | S/o Vaduganathan Gounder, Door No 3/115 Paraikadu, Selathampatty, Salem 636307 |
| Authorised officer | SREEKANTH M V (Authorised Officer - Scale - IV - CM) |
| Inspection contact | P J BASKER · 9791873183 |
| Bid increment | ₹50,000 |
| Auto-extension | Extends 5 min on a bid in the last 5 min |
| EMD window opens | 08 Oct 2026, 18:13 |
| Village | Sivathapuram |
| Door no. | 1/77 |
Legal description
Door No 1/77 SF No 1/1B2 Selathampatty Main Road, Panangadu, Sivathapuram Village, Suramangalam Sub Reg Div, Salem Corporation, Salem - 636307.
More auctions in Salem
See all bank auctions in Salem, Tamil Nadu →This listing is republished from a statutory sale notice published by the lender on an official e-auction portal, and is refreshed daily. Verify every detail against the notice and the portal before you bid. BidBazaar is not the seller and is not a party to the auction.