Land and Building for Auction Mitta Ayyamperumampatty Sri Lakshmi Nagar Annex Salem 53 Lakh by Canara Bank 30 Jun 2026
Mitta Ayyamperumampatty, Sri Lakshmi Nagar Annex, Salem
Area: 750 Sq. Ft.
SRI LAKSHMI NAGAR ANNEX, S. F. No. Old-38/1A1 (Part), new T.S. No. 33, Plot No. 48 (Eastern Part), D. No. G-2 Patta No. 116, Mitta Ayyamperumampatty, Salem Taluk, Salem District, Pin Code: 636 008, Tamil Nadu.
Canara Bank · Regional Office
Reserve price
₹53,00,000
EMD ₹5,30,000
Auction date
30 Jun 2026, 11:30 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 750 Sq. Ft.
- ▸Locality: Mitta Ayyamperumampatty, Sri Lakshmi Nagar Annex
- ▸Reserve: ₹53,00,000
- ▸EMD: ₹5,30,000
Auction snapshot
| Possession | Symbolic |
| Property type | Land And Building · Residential |
| Locality | Mitta Ayyamperumampatty, Sri Lakshmi Nagar Annex |
| Built-up / plot area | 750 Sq. Ft. |
| Lender | Canara Bank |
| Branch | Regional Office |
| Unit / flat no. | Plot No. 48 (Eastern Part), D. No. G-2 |
| Building / society | SRI LAKSHMI NAGAR ANNEX |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Mitta Ayyamperumampatty, Sri Lakshmi Nagar Annex, Salem by Canara Bank — reserve price ₹53,00,000, 750 Sq. Ft., Symbolic possession.
Discover a valuable bank auction property: a residential Land and Building on Plot No. 48 (Eastern Part), D. No. G-2, within the SRI LAKSHMI NAGAR ANNEX, Mitta Ayyamperumampatty, Salem, Tamil Nadu, Pin Code 636 008. This property, spanning 750 Sq. Ft. (or 69.6 Sq.m.), is being auctioned by Canara Bank's Salem Main Branch. The reserve price is ₹5,300,000, with an EMD of ₹530,000. The e-auction is scheduled for June 30, 2026, from 12:00 PM to 01:00 PM. Inspection is available on June 23, 2026, and the last date for EMD submission is June 29, 2026. This is a prime opportunity to acquire a residential property in Salem at a competitive price. The property is offered on 'as is where is' basis with symbolic possession.
GeoSquare note: This residential land and building in Sri Lakshmi Nagar Annex, Salem, presents a strong investment opportunity. Despite having symbolic possession, the clear description of boundaries and size, coupled with a reasonable reserve price of ₹5.3 million in a developing city like Salem, makes it attractive. The known encumbrance status ('Not Known to Bank') is positive, and a site inspection can further solidify its value.
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