Plot for auction 3 East West on Southern side 54'2, Paravai, Madurai by Karur Vysya Bank

Property for Auction in Paravai, Madurai, Tamil Nadu

Property Type IconProperty Type:
Plot
Location IconLocation:
Paravai, Madurai
Auction Date IconAuction Date:
25-06-2025 03:00 PM

Auction Details

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

Important Dates

Submission Date:24-06-2025 05:00 PM

Bid Start Date:25-06-2025 03:00 PM

Property Description

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

Auction Description

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 Details

Contact no:84899 15173

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