Plot for auction 243 Periayur, Madurai by Canara

Property for Auction in Periayur, Madurai, Tamil Nadu

Property Type IconProperty Type:
Plot
Location IconLocation:
Periayur, Madurai
Auction Date IconAuction Date:
19-08-2025 11:00 AM

Auction Details

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

Important Dates

Submission Date:18-08-2025 04:00 PM

Bid Start Date:19-08-2025 11:00 AM

Property Description

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

Auction Description

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 Details

contact Chief Manager, Canara Bank, ARM Branch, Madurai. (Ph. No. 0452-2335348, Cell No. 94890 46509)

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