Property for Auction in Madakulam, Madurai, Tamil Nadu
Auction ID:568828
Bank Name:Canara Bank
Branch Name:RECOVERY & LEGAL SECTION, REGIONAL OFFICE
Reserve Price:₹16,39,000
EMD:₹1,63,000
Service Provider:BAANKNET
Submission Date:26-09-2025 05:00 PM
Bid Start Date:30-09-2025 12:30 PM
A residential plot located in Madakulam, Madurai, Tamil Nadu. This property is being auctioned by Canara Bank. Situated in a developing area, it presents an opportunity for construction or investment. The plot is part of a SARFAESI auction, offering a chance to acquire property directly from the bank. Ideal for those looking to build a home or develop a plot in the vibrant city of Madurai.
State:Tamil Nadu
City:Madurai
Area:Madakulam
Asset Category:Residential
Canara Bank is conducting a SARFAESI auction for a residential plot in Madakulam, Madurai. The auction is scheduled for September 30, 2025, with bidding open from 12:30 PM to 01:30 PM. The reserve price for this property is ₹16,39,000, and the Earnest Money Deposit (EMD) required is ₹1,63,000. This auction presents a direct opportunity to purchase property from the bank.
Borrower Name:M/s MSA Enterprises
Auction Type:SARFAESI Auction
Contact Person Regional Office, Madurai (9489010097)