Plot for auction Kodimangalam Madurai 61 lakh HDFC Bank

This is a residential plot located in the well-developed area of Chokkikulam, Madurai, Tamil Nadu. The property is being auctioned by HDFC Bank under the SARFAESI Act. Situated in a prime location, this plot offers an excellent opportunity for residential development. The area is known for its good connectivity and proximity to essential amenities. This is a direct opportunity from the bank to acquire a valuable piece of land.

HDFC Bank presents an exclusive SARFAESI auction for a residential plot in Chokkikulam, Madurai. The auction will be conducted online on 04-12-2025, with bidding open from 11:30 AM to 12:00 PM. The reserve price for this plot is INR 60,50,000, with an Earnest Money Deposit (EMD) of INR 6,05,000 required to participate. This is a direct sale of a property mortgaged with the bank, offering a transparent and secure bidding process. Interested parties are advised to review all auction terms and conditions before bidding.

The property's location in Madurai and its size makes it a calculated opportunity. The reserve price is reasonable, and physical possession adds value. Further due diligence is recommended to assess the full potential.