Property for Auction in Thirupprankundram, Madurai, Tamil Nadu
Auction ID:548924
Bank Name:Union Bank of India
Branch Name:KULAMANGALAM BRANCH
Reserve Price:₹37,29,375
EMD:₹3,72,937
Service Provider:BAANKNET
Submission Date:13-08-2025 05:00 PM
Bid Start Date:14-08-2025 12:00 PM
This asset, formerly associated with M/s. Nithesh Restaurant, is a Land and Building property located in Thirupprankundram, Madurai, Tamil Nadu. Categorized as residential, this property offers significant potential for development or personal use. Situated in a sought-after region of Madurai, it presents a unique opportunity for buyers. The property is being auctioned by Union Bank of India under SARFAESI provisions. Detailed inspection and legal documentation are available through the auction notice.
State:Tamil Nadu
City:Madurai
Area:Thirupprankundram
Asset Category:Residential
Union Bank of India presents a SARFAESI auction for a Land and Building property in Thirupprankundram, Madurai, Tamil Nadu. This is a valuable opportunity to acquire a property in a developing area. The reserve price is INR 37,29,375.0, with an Earnest Money Deposit (EMD) of INR 3,72,937.0 required to participate. The auction will be conducted online on August 14, 2025, starting at 12:00 PM and concluding at 05:00 PM. This is a prime chance for investors and individuals looking to own property in Madurai. For further details and bidding, please refer to the official auction portal.
Borrower Name:M/s. Nithesh Restaurant
Auction Type:SARFAESI Auction
Contact no: 9326504042