Plot for auction 4 Madakkulam, Madurai by Canara Bank

This auction features a residential plot situated in Madakkulam, Madurai, Tamil Nadu. The property is being auctioned by Canara Bank under the SARFAESI Act. Located in a desirable area of Madurai, this plot offers potential for residential development. Key details include a reserve price of ₹31,25,000 and an EMD of ₹3,12,500. The auction is scheduled for August 21, 2025, with a one-hour window for bidding. Further details regarding the exact location, size, and any encumbrances can be obtained from the official auction notice issued by Canara Bank.

Canara Bank presents a SARFAESI auction for a residential plot located in Madakkulam, Madurai, Tamil Nadu. The auction will take place on August 21, 2025, from 11:00 AM to 12:00 PM. The reserve price for this property is ₹31,25,000, with an Earnest Money Deposit (EMD) of ₹3,12,500 required. This is an opportunity to acquire a plot in a developed area, offered by Canara Bank as part of its recovery process from borrower Mr. K Murugesan. Interested parties are encouraged to review all auction terms and conditions before bidding.