Plot for auction Plot nos Madakulam Villa Madakulam Madurai by Axis Finance Limited

Property for Auction in Madakulam, Madurai, Tamil Nadu

Property Type IconProperty Type:
Plot
Location IconLocation:
Madakulam, Madurai
Auction Date IconAuction Date:
21-02-2025 11:00 AM

Auction Details

Auction ID:439954

Bank Name:Axis Finance Limited

Branch Name:Bangalore

Reserve Price:3,24,00,000

EMD:32,40,000

Service Provider:drt.auctiontiger.net

Important Dates

Submission Date:19-02-2025 04:00 PM

Bid Start Date:21-02-2025 11:00 AM

Property Description

The property is a plot of land located in Madakulam, Madurai, Tamil Nadu. It is part of Patta No. 97 R.S.No.227/6A, measuring 47 cents, and is divided into house plots. The specific plot being auctioned measures approximately 5390 sq feet (12 cents 162 3/4 sq feet) and includes a built house bearing Door No. 4/2. The plot's boundaries are: North: Nanja Land of Ramasamy Pillai (now house), South: East West Road, East: Nanja Land of lyanan Kone (now House), and West: Plot No.2 with a build house. The dimensions are 81.5 feet (North-South Northern side), 58.5 feet (East-West Southern side), 91.5 feet (North-South Eastern side), and 62.5 feet (North-South Western side).

State:Tamil Nadu

City:Madurai

Area:Madakulam

Asset Category:Residential

Auction Description

Axis Finance Limited is conducting a SARFAESI auction for a residential plot located in Madakulam, Madurai, Tamil Nadu. The property, bearing Door No. 4/2, is situated within Arul Nagar, Patta No. 97 R.S.No.227/6A, measuring 47 cents in total. The specific plot for auction is approximately 5390 sq feet (12 cents 162 3/4 sq feet) and is divided into house plots. The auction has a reserve price of 32,400,000.00 and an Earnest Money Deposit (EMD) of 3,240,000.00. The property is bounded by a North-South Road to the South, Nanja Land of Ramasamy Pillai (now house) to the North, Nanja Land of lyanan Kone (now House) to the East, and Plot No. 2 with a build house to the West. The dimensions are 81.5 feet (North-South Northern side), 58.5 feet (East-West Southern side), 91.5 feet (North-South Eastern side), and 62.5 feet (North-South Western side). The auction is scheduled for February 21, 2025, from 11:00 AM to 12:00 PM. Applications for the auction must be submitted by February 19, 2025, at 04:00 PM. For inquiries, contact Ms. Vachana Swamy at 7406368669 or Mr. Swapneil Tiwari at 9820063208.

Borrower Name:GODSAVE CLINIC

Auction Type:SARFAESI Auction

Contact Details

Ms. Vachana Swamy: Mobile no : 7406368669 / Mr. Swapneil Tiwari: Mobile no : 9820063208

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