Land and Building for Auction Valapadi Thamayanur Village Salem 13 Lakh by Canara Bank 30 Jun 2026
Valapadi, Thamayanur Village, Salem
Area: 1479.0 Sq.ft
S.NO. 86/7, Thamayanur Village, Attur Taluk, Valapadi SRO, Salem District
Canara Bank · Regional Office
Reserve price
₹13,00,000
EMD ₹1,30,000
Auction date
30 Jun 2026, 11:30 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 1479.0 Sq.ft
- ▸Locality: Valapadi, Thamayanur Village
- ▸Reserve: ₹13,00,000
- ▸EMD: ₹1,30,000
Auction snapshot
| Possession | Symbolic |
| Property type | Land And Building · Residential |
| Locality | Valapadi, Thamayanur Village |
| Built-up / plot area | 1479.0 Sq.ft |
| Lender | Canara Bank |
| Branch | Regional Office |
| Unit / flat no. | S.NO. 86/7 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹20,000 |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Valapadi, Thamayanur Village, Salem by Canara Bank — reserve price ₹13,00,000, 1479.0 Sq.ft, Symbolic possession.
Explore a valuable bank auction property: a residential land and building covering 1479 Sq.ft, located at Survey Number 86/7 in Thamayanur Village, Valapadi SRO, Attur Taluk, Salem District, Tamil Nadu. This Canara Bank e-auction presents an excellent opportunity to acquire property in a developing area. The property is well-situated with boundaries clearly defined, including proximity to a pathway and Panchayat Union Primary School, enhancing its appeal for families. The reserve price is set at ₹13,00,000.0, with an Earnest Money Deposit (EMD) of ₹1,30,000.0. Possession status is symbolic, and the bank has no knowledge of encumbrances. The e-auction is scheduled for June 30, 2026, from 11:00 AM to 12:30 PM, with a property inspection date on June 20, 2026. This residential property for sale in Valapadi, Salem, is a promising investment for prospective homeowners or developers.
GeoSquare note: This residential land and building in Thamayanur Village, Valapadi, offers a strong investment opportunity given its reasonable reserve price and substantial 1479 Sq.ft area. The location, with proximity to a school and pathway, indicates good potential for residential development. While possession is symbolic, the absence of known encumbrances, as stated by the bank, mitigates some of the associated risks, making it a strong contender for a beneficial acquisition.
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