Land for auction Thallakulam Madurai 70 lakh IDBI Bank

A prime plot of land located in the well-established area of Thallakulam, Madurai, Tamil Nadu. This residential land offers an excellent opportunity for development or investment in a sought-after locale. Situated within a prominent city, the property benefits from good connectivity and infrastructure. Its classification as residential land makes it suitable for building a home or for other residential projects. A secure investment opportunity in the growing real estate market of Madurai.

IDBI Bank presents a SARFAESI auction for a valuable plot of land in Thallakulam, Madurai. The auction will commence on November 26, 2025, at 11:00 AM and conclude at 12:00 PM on the same day. The reserve price for this enticing opportunity is INR 70,23,000, with an Earnest Money Deposit (EMD) of INR 7,02,300 required to participate. This is a unique chance to acquire a residential land asset through a transparent banking auction process. Don't miss out on this limited-time bidding event.

The property is a land parcel in Madurai with a reasonable reserve price. While the location is specified, further due diligence is needed to ascertain its development potential. The auction terms are standard, presenting a calculated opportunity for investors.