Land and Building for Auction Gangavalli North Bit Village Salem 82.6 Lakh by Canara Bank 30 Jun 2026
Gangavalli North Bit Village, Salem
Area: 907.5 Sq. ft.
Door No. 38-D, Tax No. 535, Naduvalur Vaikkal Pathway, Ward No. 3, Gangavalli North Bit Village, Old S. No. 81/1, New S. No. 81/1A, Gangavalli Taluk, Gangavalli, Salem District, Tamil Nadu.
Canara Bank · Regional Office
Reserve price
₹82,60,000
EMD ₹8,26,000
Auction date
30 Jun 2026, 11:30 AM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 907.5 Sq. ft.
- ▸Locality: Gangavalli North Bit Village
- ▸Reserve: ₹82,60,000
- ▸EMD: ₹8,26,000
Auction snapshot
| Possession | Physical |
| Property type | Land And Building · Residential |
| Locality | Gangavalli North Bit Village |
| Built-up / plot area | 907.5 Sq. ft. |
| Lender | Canara Bank |
| Branch | Regional Office |
| Unit / flat no. | Door No. 38-D |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Gangavalli North Bit Village, Salem by Canara Bank — reserve price ₹82,60,000, 907.5 Sq. ft., Physical possession.
Discover a promising residential bank auction property in Gangavalli North Bit Village, Salem, Tamil Nadu. This land and building, spanning 907.5 sq. ft., features a Mangalore tiled house and a hut, perfect for renovation or redevelopment. Located on Naduvalur Vaikkal Pathway, Ward No. 3, with Door No. 38-D, it offers good accessibility within Gangavalli Taluk. The property, identified by Old S. No. 81/1 and New S. No. 81/1A, is part of a bank auction by Canara Bank. With a reserve price of ₹8,260,000 and an EMD of ₹826,000, this is an excellent opportunity for prospective buyers looking for residential property for sale in Salem. Don't miss the e-auction on June 30, 2026. Inspection available on June 20, 2026.
GeoSquare note: This residential land and building in Gangavalli, Salem, offers a strong investment opportunity with physical possession already secured by the bank. The presence of existing structures (house and hut) and its location in a developing village area add to its potential. The reserve price of ₹8.26 million is competitive for the size and type of property, making it a viable option for end-users or investors.
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