Property for Auction in Paravai, Madurai, Tamil Nadu
Auction ID:522333
Bank Name:Karur Vysya Bank
Branch Name:Asset Recovery Branch : Madurai
Reserve Price:₹82,00,000
EMD:₹8,20,000
Service Provider:Public Auction
Submission Date:24-06-2025 05:00 PM
Bid Start Date:25-06-2025 03:00 PM
The property consists of two plots, Plot No. 3 and Plot No. 4, with a total extent of 2673 sq.ft. Located in Paravai, Madurai, Tamil Nadu, this residential property has approved layout plans from the Madurai Local Planning Authority. Plot No. 3 measures approximately 1301 sq.ft with specific dimensions: Northern side 42'9", Southern side 54'2", Eastern side (14'5"+15'6")29'11", and Western side 25'0". Plot No. 4 measures approximately 1372 sq.ft with dimensions: Northern side 54'2", Southern side 55'6", Eastern side 25'0", and Western side 25'0". The property is bounded by Plot No.2 (Karthick) to the north, Venkatesan Land and Pattatharasi Amman Kovil to the east, Plot No.5 (Aravind Krishnan) to the south, and a 9.15-meter wide common road to the west.
State:Tamil Nadu
City:Madurai
Area:Paravai
Asset Category:Residential
This auction features a residential plot located in Paravai, Madurai, Tamil Nadu. The property, identified by Old R.S.No.226/3 and new UDR R.S.No. 166/3A2, spans approximately 2673 sq.ft across Plot No. 3 and Plot No. 4. These plots are approved under Madurai Local Planning Authority with approval numbers Na. Ka. No.3428/2019/MATH12 and Ma.va/Ma. Oo. Thi Koo No. 15/2020. The property is bounded by Plot No.2 (Karthick) to the north, Venkatesan Land and Pattatharasi Amman Kovil to the east, Plot No.5 (Aravind Krishnan) to the south, and a 9.15-meter wide common road to the west. The auction is being conducted by Karur Vysya Bank under the SARFAESI Act, with a reserve price of 8,200,000.00 and an EMD of 820,000.00. The auction is scheduled for June 25, 2025, from 3:00 PM to 4:00 PM.
Borrower Name:Mr. V.Balaji
Auction Type:SARFAESI Auction
Contact no:84899 15173