Property for Auction in Vilacheri, Madurai, Tamil Nadu
Auction ID:543896
Bank Name:Indian Bank
Branch Name:TIRUNAGAR
Reserve Price:₹34,50,000
EMD:₹3,45,000
Service Provider:BAANKNET
Submission Date:19-08-2025 05:00 PM
Bid Start Date:20-08-2025 11:00 AM
This residential property, located in Vilacheri, Madurai, Tamil Nadu, is a Land and Building asset being auctioned by Indian Bank. Situated in a key area of Madurai, this property offers potential for various uses. The specifics of the land size, built-up area, and any existing structures will be detailed in the auction catalog. Vilacheri is a developing locality with access to essential amenities and transport links. This is a prime opportunity for investors and homebuyers looking for property in Madurai.
State:Tamil Nadu
City:Madurai
Area:Vilacheri
Asset Category:Residential
Indian Bank presents a SARFAESI auction for a Land and Building property in Vilacheri, Madurai, Tamil Nadu. The auction will take place on August 20, 2025, from 11:00 AM to 5:00 PM. The reserve price is ₹34,50,000, with an EMD of ₹3,45,000 required. This is an opportunity to acquire property in a well-known area of Madurai. Further details regarding the specific asset and bidding process will be available on the auction platform. Don't miss this chance to bid on this bank auction property.
Borrower Name:M/s Pandian Electricals
Auction Type:SARFAESI Auction
Contact Number:8291220220