Land And Building for auction 287/198 Kanakkandu Village, Madurai by PNB

This offering presents a valuable Land and Building asset located in Pudhukottai, Madurai, Tamil Nadu. The property is categorized as Residential and is part of a SARFAESI auction conducted by Punjab National Bank. It is situated in a well-connected area of Madurai. The borrower for this asset is M/s. RAJALAKSHMI COIR INDUSTRIES. This auction provides an opportunity to acquire a significant property in a prime location.

Punjab National Bank is holding a SARFAESI auction for a Land and Building property in Pudhukottai, Madurai, Tamil Nadu. The auction is scheduled to commence on September 25, 2025, at 10:00 AM and will conclude at 4:00 PM on the same day. The reserve price for this auction is INR 1,16,00,000, with an Earnest Money Deposit (EMD) of INR 11,60,000 required to participate. This is a significant opportunity to acquire a residential property through a bank auction.