Property for Auction in Madurai, Madurai, Tamil Nadu
Auction ID:563554
Bank Name:Punjab National Bank
Branch Name:CIRCLE OFFICE TRICHY
Reserve Price:₹12,09,00,000
EMD:₹1,20,90,000
Service Provider:BAANKNET
Submission Date:06-09-2025 05:00 PM
Bid Start Date:08-09-2025 10:00 AM
This offering is for a residential plot situated in the vibrant city of Madurai, Tamil Nadu. The property is being auctioned by Punjab National Bank under the SARFAESI Act. It represents a significant investment prospect in a well-established area. The plot is ideal for building a residential complex or individual homes, catering to the growing demand in Madurai. Secure your stake in this promising real estate opportunity.
State:Tamil Nadu
City:Madurai
Area:Madurai
Asset Category:Residential
Punjab National Bank presents a SARFAESI auction for a prime plot located in Madurai, Tamil Nadu. This is a fantastic opportunity for investors and developers. The auction will be held on September 8, 2025, commencing at 10:00 AM and concluding at 04:00 PM. The reserve price is set at INR 12,09,00,000, with an earnest money deposit (EMD) of INR 1,20,90,000 required to participate. This property, formerly associated with M/s. Arunachala & Co, is categorized as residential. Don't miss this chance to acquire a valuable asset in a sought-after location.
Borrower Name:M/s.Arunachala & Co
Auction Type:SARFAESI Auction
Contact Phone: 0431-2521165 . Mail:[email protected]