Land And Building for auction Arasaradi Madurai 48 lakh Repco Home Finance Limited

This is a SARFAESI auction for a land and building property located in Arasaradi, Madurai, Tamil Nadu. The property is a residential asset previously mortgaged with Repco Home Finance Limited. It is situated in a well-established area of Madurai. The auction presents an opportunity to acquire a property in this region. Inspect the property to assess its current condition and potential. This is a bank auction, and the sale will be conducted under the SARFAESI Act.

Repco Home Finance Limited is conducting an e-auction for a land and building property in Arasaradi, Madurai. The auction will be held on 14-11-2025 from 11:00 AM to 12:00 PM. The reserve price for this auction is ₹47,59,000.00, with an Earnest Money Deposit (EMD) of ₹4,75,900.00 required to participate. This is a SARFAESI auction, offering a clear title to the successful bidder. Interested parties are advised to review all auction terms and conditions on the official portal.

The property's location in Arasaradi, Madurai, and the land and building type makes it a calculated investment opportunity. The price appears reasonable given the area, though further due diligence is recommended. Auction terms are standard, presenting a fair risk-reward profile for potential buyers.