Representative illustration — Land bank auction in Tallakulam
Representative illustration — not the actual property photograph.
Land Residential Symbolic possession Fair Option

Land for Auction Tallakulam Madurai 48.4 Lakh by Punjab National Bank 23 Jun 2026

Tallakulam, Madurai

Area: 1558.25 sq.ft

All the Part and parcel of Vacant Land in Madurai Town, Town Sy Ward No.10, Present Corporation Ward No.5, Slum Clearance Board, Thiruvalluvar Nagar, Madurai North Taluk, Tallakulam Sub-D, Madurai North R-D, Madurai-D.

Punjab National Bank · ASSET RECOVERY MANAGEMENT BRANCH

Reserve price

₹48,37,000

EMD ₹4,83,700

Auction date

23 Jun 2026, 10:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 1558.25 sq.ft
  • Locality: Tallakulam
  • Reserve: ₹48,37,000
  • EMD: ₹4,83,700

Auction snapshot

PossessionSymbolic
Property typeLand · Residential
LocalityTallakulam
Built-up / plot area1558.25 sq.ft
LenderPunjab National Bank
BranchASSET RECOVERY MANAGEMENT BRANCH
Unit / flat no.Plot No.20, Western Portion of the Plot No.21, Eastern portion of the Plot No.21
Auction typeSARFAESI Auction
Bid increment₹50,000
Service providerBAANKNET

About this property

Land bank auction in Tallakulam, Madurai by Punjab National Bank — reserve price ₹48,37,000, 1558.25 sq.ft, Symbolic possession.

Explore this bank auction property featuring a valuable land parcel in Tallakulam, Madurai. This prime plot offers significant potential for development or investment. The auction, conducted by Punjab National Bank, presents a unique opportunity to acquire property below market value. With a reserve price of ₹4,837,000 and an EMD of ₹483,700, this land is ideally located in a well-connected area of Madurai. Don't miss out on this chance to own a piece of real estate in a thriving location. Secure your future with this bank auction property today!

GeoSquare note: The property is a land parcel in Tallakulam, Madurai, offered at a reserve price of ₹4,837,000. The symbolic possession might delay immediate use, impacting its appeal. Considering the land's location and the auction details, it represents a fair investment option for those willing to navigate potential possession-related challenges.

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