⭐ Premium Commercial Auction
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2537 square feet Shops for sale in Salem Salem

📍 Salem, SALEM, Tamil Nadu
Auction ID : 112255
Possession Status

Symbolic

Type of Auction

Commercial

District

Salem

Inspection Date

20 Oct 2026

Auction Start

10 Nov 2026, 10:30 am

Auction End

10 Nov 2026, 11:30 am

Upcoming
Starts in 32d 9h
₹1.22 Cr
₹1,22,00,000
Reserve price for this premium commercial auction.
Schedule Visit

Commercial Details

Salem — Door No 1/77 SF No 1/1B2 Selathampatty Main Road, Panangadu, Sivathapuram Village, Suramangalam Sub Reg Div, Salem Corporation, Salem - 636307.
Bank Name
State Bank of India
Borrower's Name
E Raja
Lot Number
SBIN200008102026
Asset Sub-type
Shops
City / District
Salem
State
Tamil Nadu
Pincode
636307
Reserve Price
₹1,22,00,000
EMD Amount
₹12,20,000
EMD Date
09 Nov 2026, 04:00 pm
Bid Increment
₹50,000
Inspection Period
20 Oct 2026 to 20 Oct 2026
Legal Basis
Under DRT
Borrower's Address
S/o Vaduganathan Gounder, Door No 3/115 Paraikadu, Selathampatty, Salem 636307
Auction Branch
SMEC SALEM-61074
Borrower Customer ID
85981233855
EMD Submission Opens
08 Oct 2026, 06:13 pm
Bid Increment (During Extension)
₹50000
Auto-extends if Bid in Last
5 minutes
Extended By
5 minutes
Available for Loan
No
DRT Location
DRT, Coimbatore
Built-up Area
2538 sq. ft.
Carpet Area
2537 sq. ft.
Area Unit
square feet

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