Property for Auction in Tallakulam, Madurai, Tamil Nadu
Auction ID:539402
Bank Name:Canara Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹8,10,00,000
EMD:₹81,00,000
Service Provider:BAANKNET
Submission Date:29-07-2025 05:00 PM
Bid Start Date:30-07-2025 10:30 AM
The property is a house located at Tallakulam, Alagar Koil Road, Madurai, Tamil Nadu. It is situated within the Madurai Corporation limits. The property is identified by Door Nos. 3(11A) and 3(11). The total site area is 4160 Sq.ft. The first part of the property, measuring 2105 Sq.ft., is bounded by T.S.No.811/1 to the North, Ayyanar Kovil to the East, T.S.No.810/2 to the South, and Alagarkovil Main Road to the West. The second part of the property, measuring 4160 Sq.ft. in total (including a 333 Sq.ft. triangular portion), is also located on Alagar Koil Road. The boundaries for the second parcel are T.S.No. 811/1 to the North, the 2nd Schedule of Property to the East, T.S.No. 810/2 to the South, and Alagarkovil Main Road to the West. The property is associated with Tax Assessment Nos. 20990 and 20989.
State:Tamil Nadu
City:Madurai
Area:Tallakulam
Asset Category:Residential
This is a SARFAESI Auction for a residential house property located in Tallakulam, Madurai, Tamil Nadu, offered by Canara Bank. The property is in the name of Mr. KSP Sundaravel. The auction has a reserve price of 81,000,000.00 and an Earnest Money Deposit (EMD) of 8,100,000.00. The property details include two parcels of land totaling 4160 Sq.ft. The first parcel is 2105 Sq.ft. and the second parcel is 4160 Sq.ft. Both are located on Alagar Koil Road, Tallakulam. The auction will be conducted by BAANKNET, the service provider. The auction starts on July 30, 2025, at 10:30 AM and ends at 11:30 AM on the same day. Applications must be submitted by July 29, 2025, at 5:00 PM. For inquiries, contact 044-2849 6339/2849 6900.
Borrower Name:M/s. Sundar Tyres
Auction Type:SARFAESI Auction
Contact No. 044-2849 6339/2849 6900