Land for auction 1A Madakullam Villa, Madakkulam, Madurai by Cholamandalam Investment

Property for Auction in Madakkulam, Madurai, Tamil Nadu

Property Type IconProperty Type:
Land And Building
Location IconLocation:
Madakkulam, Madurai
Auction Date IconAuction Date:
29-03-2025 11:00 AM

Auction Details

Auction ID:471774

Bank Name:Cholamandalam Investment And Finance Company Limited

Branch Name:Corporate Office : Chennai

Reserve Price:1,45,00,000

EMD:14,50,000

Service Provider:bankauctions.in

Important Dates

Submission Date:28-03-2025 05:30 PM

Bid Start Date:29-03-2025 11:00 AM

Property Description

The property is a piece and parcel of land and building measuring 3250 Sq.ft in Madakkulam, Madurai, Tamil Nadu. It is comprised in Re. Survey No. 1/1A, as per TSLR, Old Survey No. 1/1A3, New T.S.No.2, Ward-61. The property is within the Sub-Registration District of South Madurai Joint IV and the Registration District of South Madurai. The boundaries are: North by a 30 ft wide East West Common Road, South by Plot belongs to Karuppaiya Konar, East by Sidhi Vinayagar Koil & Property of Bal, and West by Plot belongs to Marimuthu. The land measures 450 Sq.ft on the northern side and 2800 Sq.ft on the southern side, with dimensions of 30 ft East to West on the northern side and 30 ft on the southern side, and 15 ft North to South on the eastern and western sides for the 450 sq.ft portion. The 2800 sq.ft portion measures 35 ft East to West on the northern side and 35 ft on the southern side, and 80 ft North to South on the eastern and western sides.

State:Tamil Nadu

City:Madurai

Area:Madakkulam

Asset Category:Residential

Auction Description

This is a SARFAESI auction for a Land and Building property located in Madakkulam, Madurai, Tamil Nadu. The property is situated at Door No. 18, Subramanian Extension 2nd Street, Madakullam Village Ulkadai Palaganatham Keezhkarai Puravil, South Madurai Tk., Madurai Dt. It comprises 3250 Sq.ft of land. The auction is being conducted by Cholamandalam Investment And Finance Company Limited. The Reserve Price is 14,500,000.00 and the Earnest Money Deposit (EMD) is 1,450,000.00. The auction will take place on March 29, 2025, from 11:00 AM to 01:00 PM. The borrower is Gurusamy Murugan. For inquiries, contact Mr. Thiyagarajan at 99405 16215 or Mr. Nandakumar at 98940 58786.

Borrower Name:Gurusamy Murugan

Auction Type:SARFAESI Auction

Contact Details

Contact No: Mr. Thiyagarajan-Mob. No. 99405 16215 & Mr. Nandakumar -Mob No.98940 58786

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