Land for Auction Mm Nagar Devakottai Karaikudi 34.9 Lakh by Indian Overseas Bank 23 Jul 2026
MM Nagar, Devakottai, Karaikudi
Area: 2000 sq ft
Plot No. 79, T.S.No 79:34, MM Nagar, T.S.No. A17/79, Ward No. 1, Devakottai Municipal Town, Karaikudi Registration District.
Indian Overseas Bank · Regional Office : Karaikudi
Reserve price
₹34,88,400
EMD ₹3,48,840
Auction date
23 Jul 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 2000 sq ft
- ▸Locality: MM Nagar, Devakottai
- ▸Reserve: ₹34,88,400
- ▸EMD: ₹3,48,840
Auction snapshot
| Possession | Symbolic |
| Property type | Land · Residential |
| Locality | MM Nagar, Devakottai |
| Built-up / plot area | 2000 sq ft |
| Lender | Indian Overseas Bank |
| Branch | Regional Office : Karaikudi |
| Unit / flat no. | Plot No. 79 |
| Building / society | MM Nagar |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Land bank auction in MM Nagar, Devakottai, Karaikudi by Indian Overseas Bank — reserve price ₹34,88,400, 2000 sq ft, Symbolic possession.
Discover a prime residential plot for sale through a bank auction by Indian Overseas Bank. This valuable 2000 sq ft (4.59 cents) property, identified as Plot No. 79, T.S.No 79:34, is located in the desirable MM Nagar area of Devakottai, Karaikudi, Tamil Nadu. Ideal for building your dream home, this bank auction property offers a reserve price of ₹3,488,400 with an EMD of ₹348,840. The e-auction is scheduled for July 23, 2026, from 11:00 AM to 1:00 PM, with a 10-minute auto-extension per bid. Property inspection is available until July 22, 2026. This is a rare opportunity to acquire land in a well-established municipal area, making it an excellent investment in residential land in Karaikudi.
GeoSquare note: This residential plot in MM Nagar, Devakottai, Karaikudi, presents a strong investment opportunity. The property's decent size (2000 sq ft) and location within a municipal town ward make it appealing for residential development. With symbolic possession and no known encumbrances as per the bank, it offers a relatively low-risk acquisition. The reserve price is competitive, making it a 'Strong Buy' for prospective bidders looking for land in Tamil Nadu.
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