Land and Building for Auction Sarkar Vazhapadi Village Salem 12 Lakh by Canara Bank 30 Jun 2026
Sarkar Vazhapadi Village, Salem
Area: 476 Sq. Ft.
D.No.6/1, Thiruvika Street, Sarkar Vazhapadi Village, Vazhapadi Taluk, Salem District, Tamil Nadu
Canara Bank · Regional Office
Reserve price
₹12,00,000
EMD ₹1,20,000
Auction date
30 Jun 2026, 11:30 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 476 Sq. Ft.
- ▸Locality: Sarkar Vazhapadi Village
- ▸Reserve: ₹12,00,000
- ▸EMD: ₹1,20,000
Auction snapshot
| Possession | Symbolic |
| Property type | Land And Building · Residential |
| Locality | Sarkar Vazhapadi Village |
| Built-up / plot area | 476 Sq. Ft. |
| Lender | Canara Bank |
| Branch | Regional Office |
| Unit / flat no. | Survey No. 71/3, New Survey No. 250/9, Patta No. 316 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Sarkar Vazhapadi Village, Salem by Canara Bank — reserve price ₹12,00,000, 476 Sq. Ft., Symbolic possession.
Discover an excellent bank auction property for sale by Canara Bank: a residential land and building spanning 476 Sq. Ft. located in Sarkar Vazhapadi Village, Vazhapadi Taluk, Salem, Tamil Nadu. This prime property, identified by Survey No. 71/3 (New Survey No. 250/9, Patta No. 316), offers an attractive investment opportunity. The auction, featuring a reserve price of ₹1,200,000 and an EMD of ₹120,000, is scheduled for June 30, 2026, from 11:30 AM to 12:30 PM. Property inspection is available on June 20, 2026. Potential buyers should submit their EMD by June 29, 2026. Don't miss this chance to acquire a bank auction property in Salem.
GeoSquare note: This 'Land and Building' property in Sarkar Vazhapadi Village, Salem, presents a strong investment opportunity with a competitive reserve price of ₹1.2 million for 476 sq. ft. Its location in a village, near 'Thar Road' and 'Concrete Road', suggests residential utility. While possession is symbolic, which requires buyer diligence post-auction, the transparent bank auction process via Canara Bank makes it a fair option for investors looking for affordable properties in Tamil Nadu.
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