Property for Auction in Madurai, Madurai, Tamil Nadu
Auction ID:544217
Bank Name:Indian Bank
Branch Name:MARKET ROAD BRANCH, Pollachi
Reserve Price:₹70,00,000
EMD:₹7,00,000
Service Provider:BAANKNET
Submission Date:19-08-2025 05:00 PM
Bid Start Date:20-08-2025 10:00 AM
This auction features a parcel of residential land located in Madurai, Tamil Nadu. The property is offered by Indian Bank under the SARFAESI Act. Situated in the developing area of Madurai, this land presents potential for residential development or investment. Clear title and documentation are expected for this bank-auctioned asset.
State:Tamil Nadu
City:Madurai
Area:Madurai
Asset Category:Residential
Indian Bank invites bids for a SARFAESI auction of residential land in Madurai, Tamil Nadu. The auction is scheduled for August 20, 2025, from 10:00 AM to 5:00 PM. The reserve price is ₹70,00,000, with an Earnest Money Deposit (EMD) of ₹7,00,000. This is a prime opportunity to acquire a plot in the well-connected city of Madurai.
Borrower Name:Mr.R Rajadurai
Auction Type:SARFAESI Auction
Mr. Abhay Kumar Gupta : 94426 46532 Mr.Ugandhar Pasupureddy : 94426 46530