Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.5
Auction ID:610385
Bank Name:HDFC Bank
Branch Name:Branch : Madurai ( East )
Reserve Price:₹72,00,000
EMD:₹7,20,000
Bid Increment:₹10,000
Auction Time:11.00 am to 11.30 am
Service Provider:Public Auction
Important Dates
Submission Date:03-12-2025 05:00 PM
Bid Start Date:2025-12-04
Property Description
This auction features a prime residential plot located in the well-established area of Chokkikulam, Madurai, Tamil Nadu. The property is offered by HDFC Bank through a SARFAESI auction. Ideal for building your dream home or for investment purposes, this plot offers a great opportunity in a sought-after location within Madurai. The property is being auctioned due to the borrower, Mr. ASHIKUR RAHMAN BAIG, defaulting on their loan.
State:Tamil Nadu
City:Madurai
Area:Chokkikulam
Asset Category:Residential
Full Address:20H, Thiruppalai Village, In that Patta No 644, Land comprised In RS No 19/1 measuring 64 cents In that Northem part measuring 44 cents In that leaving Southern part measuring 10 cents and remaining measuring 34 which is in Northern part in that Plot No 20 In that Northern part measuring 29 cents and In Southern part of Plot No 20 Measuring 5 cents 222 sq. ft., has been clubbed and revised as layout DTCP Approved No 375/114/2021, 2289/2021 in that Plot No 20H More particularly described in RS No 19/1 comprising site and superstructure abounded by: North by: Pechikulam Village, Plot No 10, East by: Plot No 20I, South by: 23 ft wide East to West common road, West by: Plot No 20G, Measuring East to West on Northern side 28'3"; On Southern side 25'0", North to South on Eastern side 61'9"; On Western side 51'6", Chokkikulam, Madurai
Size:1507 sq.ft.
Auction Description
HDFC Bank presents a SARFAESI auction for a residential plot in Chokkikulam, Madurai. The auction will take place on December 4, 2025, with bidding open from 11:00 AM to 11:30 AM. The reserve price for this plot is ₹72,00,000, and the Earnest Money Deposit (EMD) required is ₹7,20,000. This is a unique opportunity to acquire a valuable asset in a prime location. Interested bidders are advised to review all auction terms and conditions thoroughly before participating.
Borrower Name:Mr.ASHIKUR RAHMAN BAIG
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. SAMSATH BEEVI
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
Located in Chokkikulam, Madurai, this residential plot presents a solid investment opportunity. With a reasonable reserve price and clear auction terms, the property's location and potential for appreciation make it a strong contender for buyers looking for land in a developing area.
Contact Details
Branch:Branch Office : Branch : Madurai ( East )
Service Provider:Public Auction
Contact Details:
Authorised Officer
Contact no:9791204304
