Land for Auction Usilampatti Madurai 31.1 Lakh by Tamilnad Mercantile Bank Limited 09 Jul 2026
Usilampatti, Madurai
Area: 23.0 cents
Land in R.S.No. 176/5A, T.S.No. 17/8, Block No.36, Usilampatti Village, Usilampatti Municipality, Usilampatti Taluk, Madurai District, Tamil Nadu.
Tamilnad Mercantile Bank Limited · Usilampatti
Reserve price
₹31,10,000
EMD ₹3,11,000
Auction date
09 Jul 2026, 12:30 PM
Auction notice
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Quick read
- ▸Possession: Constructive
- ▸Area: 23.0 cents
- ▸Locality: Usilampatti
- ▸Reserve: ₹31,10,000
- ▸EMD: ₹3,11,000
Auction snapshot
| Possession | Constructive |
| Property type | Land · Residential |
| Locality | Usilampatti |
| Built-up / plot area | 23.0 cents |
| Lender | Tamilnad Mercantile Bank Limited |
| Branch | Usilampatti |
| Auction type | SARFAESI Auction |
| Service provider | Public Auction |
About this property
Land bank auction in Usilampatti, Madurai by Tamilnad Mercantile Bank Limited — reserve price ₹31,10,000, 23.0 cents, Constructive possession.
Discover a prime bank auction property: a 23 cents land plot available in Usilampatti Village, within the Usilampatti Municipality, Madurai District, Tamil Nadu. This land, identified by R.S.No. 176/5A and T.S.No. 17/8, Block No.36, is offered by Tamilnad Mercantile Bank Ltd. The e-auction is scheduled for July 9, 2026, at 01:30 PM, with an attractive reserve price of ₹31.10 lakhs and an Earnest Money Deposit (EMD) of ₹3.10 lakhs. This presents an excellent opportunity for investors or developers seeking land in the growing Usilampatti area near Madurai. For detailed terms and conditions, contact the authorized officer.
GeoSquare note: This land parcel in Usilampatti, Madurai, presents a strong investment opportunity, located in a specified village and municipality with clear land details. The reserve price of ₹31.10 lakhs for 23 cents of land appears competitive for the region. While possession is constructive, the clear identification of the property and its boundaries adds confidence. The land's location within Madurai district enhances its appeal for future development or capital appreciation.
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