Land for Auction Verathanur Village Madurai 1.7 Crore by Canara Bank 12 Jun 2026
Verathanur Village, Madurai
Area: 1 acre
R.S.No.269/2C as per Patta No.2254 within Verathanur Village Panchayat Limit
Canara Bank · ASSET RECOVERY MANAGEMENT BRANCH, COIMBATORE
Reserve price
₹1,71,00,000
EMD ₹17,10,000
Auction date
12 Jun 2026, 11:30 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 1 acre
- ▸Locality: Verathanur Village
- ▸Reserve: ₹1,71,00,000
- ▸EMD: ₹17,10,000
Auction snapshot
| Possession | Symbolic |
| Property type | Land · Residential |
| Locality | Verathanur Village |
| Built-up / plot area | 1 acre |
| Lender | Canara Bank |
| Branch | ASSET RECOVERY MANAGEMENT BRANCH, COIMBATORE |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | BAANKNET |
About this property
Land bank auction in Verathanur Village, Madurai by Canara Bank — reserve price ₹1,71,00,000, 1 acre, Symbolic possession.
Seize this bank auction property opportunity! A valuable 1-acre land parcel in the serene Verathanur Village, Madurai, is up for grabs. This land, previously part of R.S.No.269 and now subdivided, is ideally located. Participate in the e-auction on June 12, 2026, with a reserve price of ₹17,100,000 and an EMD of ₹1,710,000. Don't miss out on this chance to acquire a prime piece of real estate in Madurai's thriving landscape through this bank auction.
GeoSquare note: The property is a land parcel located in Verathanur Village, Madurai, offered at a reserve price of ₹17,100,000. While the location may have potential, the symbolic possession status introduces an element of risk. It is a fair option for those seeking land investments with careful due diligence.
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