Property for Auction in Periayur, Madurai, Tamil Nadu
Auction ID:550343
Bank Name:Canara Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹35,33,000
EMD:₹3,53,300
Service Provider:BAANKNET
Submission Date:18-08-2025 04:00 PM
Bid Start Date:19-08-2025 11:00 AM
This auction features a residential plot situated in Periayur, a locality within Madurai, Tamil Nadu. The property is being auctioned by Canara Bank under the SARFAESI Act due to borrower default by Mrs. P.Aadhilakshmi. The plot offers potential for residential development in a growing region. Key details include a reserve price of ₹35,33,000 and an EMD of ₹3,53,300. Prospective buyers should thoroughly inspect the property and review all legal documentation before participating in the auction scheduled for August 19, 2025.
State:Tamil Nadu
City:Madurai
Area:Periayur
Asset Category:Residential
Canara Bank invites bids for a SARFAESI auction of a residential plot located in Periayur, Madurai, Tamil Nadu. The auction will be held on August 19, 2025, from 11:00 AM to 01:00 PM. The reserve price is ₹35,33,000, with an Earnest Money Deposit (EMD) of ₹3,53,300 required. This is a prime opportunity to acquire a property in a developing area. Interested bidders are advised to conduct their due diligence. For further details on the property and bidding process, please refer to the official Canara Bank auction notice.
Borrower Name:Mrs. P.Aadhilakshmi
Auction Type:SARFAESI Auction
contact Chief Manager, Canara Bank, ARM Branch, Madurai. (Ph. No. 0452-2335348, Cell No. 94890 46509)