Property for Auction in Eliyarpathi, Madurai, Tamil Nadu
Auction ID:559076
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹3,71,00,000
EMD:₹37,10,000
Service Provider:BAANKNET
Submission Date:28-08-2025 05:00 PM
Bid Start Date:29-08-2025 10:00 AM
This auction features a substantial residential plot located in the developing area of Eliyarpathi, Madurai, Tamil Nadu. Owned by Mr. A.D Arunjuna, this property is being auctioned by Punjab National Bank under the SARFAESI Act. Eliyarpathi offers a growing locality within Madurai, known for its peaceful environment and potential for future development. This plot represents an excellent opportunity for builders, investors, or individuals looking to construct their dream home in a sought-after region of Tamil Nadu.
State:Tamil Nadu
City:Madurai
Area:Eliyarpathi
Asset Category:Residential
Punjab National Bank presents a SARFAESI auction for a prime residential plot in Eliyarpathi, Madurai, Tamil Nadu. This is a significant opportunity to acquire a valuable asset with a reserve price of INR 3,71,00,000. The Earnest Money Deposit (EMD) is set at INR 37,10,000. The auction will be conducted on August 29, 2025, starting at 10:00 AM and concluding at 4:00 PM. Don't miss this chance to invest in a desirable location.
Borrower Name:Mr.A.D Arunjuna
Auction Type:SARFAESI Auction
Contact Number:0431-2521165