Plot for auction 26 Ponmeni Villa, Arasaradi, Madurai by Indian Overseas Bank

This is a residential plot located in Arasaradi, Madurai, Tamil Nadu. The plot is situated in Ponmeni Village, R S No.34/4, measuring 72 cents. It is adjacent to Plot No. 26 on the East and Plot No. 27 on the West. The property falls within the Madurai Corporation limits, Arasaradi Sub Registration District, and Madurai South Registration District. The specific dimensions are 38% feet on the East-West (North side) and 39% feet on the East-West (South side), and 56% feet on the North-South (East side) and 61% feet on the North-South (West side). The total extent is 2312 square feet, which includes a road portion. The property also includes a building and is owned by Mr. P.R. Perichiyappan.

Indian Overseas Bank is conducting a SARFAESI auction for a residential plot in Arasaradi, Madurai, Tamil Nadu. The property, measuring 2312 sq ft (including road portion) and located at Ponmeni Village, R S No.34/4, is being auctioned on March 5, 2025, from 11:00 AM to 3:00 PM. The reserve price is ₹1,00,37,000.00 and the EMD is ₹10,04,000.00. The property is described as a house site owned by Mr. P.R. Perichiappan, adjacent to Plot No. 26 (East) and Plot No. 27 (West), within Madurai Corporation limits. Boundaries are: East of Property of AGnanappa, West of Property of CT Meyyappan, South of Plot No. 24 & 25, North of UC High School Bungalow. The borrower is M/s VK Constructions.