Land for auction TSLR Madakullam Villa, Madakulam, Madurai by Cholamandalam Investment

Property for Auction in Madakulam, Madurai, Tamil Nadu

Property Type IconProperty Type:
Land And Building
Location IconLocation:
Madakulam, Madurai
Auction Date IconAuction Date:
04-03-2025 11:00 AM

Auction Details

Auction ID:450803

Bank Name:Cholamandalam Investment And Finance Company Limited

Branch Name:Chennai

Reserve Price:1,45,00,000

EMD:14,50,000

Service Provider:bankauctions.in

Important Dates

Submission Date:03-03-2025 05:30 PM

Bid Start Date:04-03-2025 11:00 AM

Property Description

The property is a Land and Building situated at Door No. 18, Subramanian Extension 2nd Street, Madakulam Village, Ulkadai Palaganatham Keezhkarai Puravil, South Madurai Tk, Madurai Dt. It has a land area of 3250 Sq.ft. The property is located within the Sub-Registration District of South Madurai Joint IV and the Registration District of South Madurai. The boundaries are: North by a 30 ft Wide East West Common Road, South by Plot belongs to Karuppaiya Konar, East by Sidhi Vinayagar Koil & Property of Bai, and West by Plot belongs to Marimuthu. The land measures 450 Sq.ft with dimensions of 30 ft (East to West) on both Northern and Southern sides, and 15 ft (North to South) on both Eastern and Western sides. Additionally, there are 2800 Sq.ft of land with dimensions of 35 ft (East to West) on both Northern and Southern sides, and 80 ft (North to South) on both Eastern and Western sides. The property is in residential asset category and the possession is symbolic.

State:Tamil Nadu

City:Madurai

Area:Madakulam

Asset Category:Residential

Auction Description

This is a SARFAESI Auction for a Land and Building property located in Madakulam, Madurai, Tamil Nadu. The property is owned by Gurusamy Murugan and is being auctioned by Cholamandalam Investment And Finance Company Limited. The auction will take place on March 4, 2025, from 11:00 AM to 1:00 PM. The reserve price is INR 14,500,000 and the EMD is INR 1,450,000. The property comprises 3250 Sq.ft of land with a building. For further details, contact Mr. Thiyagarajan at 9940516215 or Mr. Nandakumar at 9894058786.

Borrower Name:Gurusamy Murugan

Auction Type:SARFAESI Auction

Contact Details

Contact No: Mr. Thiyagarajan- Mob. No. 9940516215 & Mr. Nandakumar - Mob No.9894058786

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