Land and Building for Auction Gangavalli Village North Bit Sanara Street Ottar Street Ward No 4 Salem 36 Lakh by Canara Bank 30 Jun 2026
Gangavalli Village (North Bit), Sanara Street, Ottar Street, Ward No. 4, Salem
Area: 1035 Sq. Ft.
Natham S. No. 78/1A & 84, Ward No. 4, Sanara Street and Ottar Street, Gangavalli Village (North Bit)
Canara Bank · Regional Office
Reserve price
₹36,00,000
EMD ₹3,60,000
Auction date
30 Jun 2026, 11:30 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 1035 Sq. Ft.
- ▸Locality: Gangavalli Village (North Bit), Sanara Street, Ottar Street, Ward No. 4
- ▸Reserve: ₹36,00,000
- ▸EMD: ₹3,60,000
Auction snapshot
| Possession | Symbolic |
| Property type | Land And Building · Residential |
| Locality | Gangavalli Village (North Bit), Sanara Street, Ottar Street, Ward No. 4 |
| Built-up / plot area | 1035 Sq. Ft. |
| Lender | Canara Bank |
| Branch | Regional Office |
| Unit / flat no. | Natham S. No. 78/1A & 84 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Gangavalli Village (North Bit), Sanara Street, Ottar Street, Ward No. 4, Salem by Canara Bank — reserve price ₹36,00,000, 1035 Sq. Ft., Symbolic possession.
Seize a prime investment opportunity with Canara Bank's e-auction property featuring a residential land and building in Gangavalli Village (North Bit), Salem, Tamil Nadu. This offering includes two distinct parcels: Item-I, a 472.5 Sq. Ft. vacant site on Sanara Street, and Item-II, a 562.5 Sq. Ft. property on Ottar Street, totaling 1035 Sq. Ft. The property is located in Ward No. 4, making it suitable for residential development or personal use. The reserve price is set at an attractive ₹36,00,000, with an EMD of ₹3,60,000. The e-auction is scheduled for June 30, 2026. This bank auction property presents a fair option for investors looking for affordable real estate in a village setting with growth potential. Don't miss this chance to acquire a valuable land and building for sale in Salem.
GeoSquare note: This 'Land and Building' property in Gangavalli Village, Salem, offers a moderate investment appeal. With a combined area of 1035 Sq. Ft. across two items and a reserve price of ₹36 lakhs, it presents a reasonable entry point for residential development or personal use in a village setting. The possession status is likely symbolic, which is typical for bank auctions. Its location provides local connectivity and potential for appreciation, making it a fair option for a cautious investor.
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