Property for Auction in Madurai, Madurai, Tamil Nadu
Auction ID:566447
Bank Name:Indian Overseas Bank
Branch Name:Branch: Visalakshipuram
Reserve Price:₹25,70,000
EMD:₹2,57,000
Service Provider:Public Auction
Submission Date:24-09-2025 05:00 PM
Bid Start Date:25-09-2025 10:00 AM
This is a residential house located in Madurai, Tamil Nadu. The property is being auctioned by Indian Overseas Bank. It is situated in the Madurai area, offering a prime location within the city. The property is categorized as a house, making it suitable for residential living. Its proximity to essential amenities and transport links in Madurai enhances its appeal for potential buyers looking for a home in this vibrant city. This is an opportunity to acquire a property in a well-established locality.
State:Tamil Nadu
City:Madurai
Area:Madurai
Asset Category:Residential
Indian Overseas Bank is conducting a SARFAESI auction for a residential house in Madurai, Tamil Nadu. The reserve price for this auction is ₹25,70,000, with an Earnest Money Deposit (EMD) of ₹2,57,000. The auction will take place on 25th September 2025, commencing at 10:00 AM and concluding at 04:00 PM on the same day. This is a legal auction conducted under the SARFAESI Act. Interested bidders are advised to review all auction terms and conditions and conduct their due diligence before participating. This presents a chance to purchase a property through a transparent banking auction process.
Borrower Name:Mrs S Kalaivani
Auction Type:SARFAESI Auction
Phone: 0452-2641147, 8925951340