Plot for Auction Thallakulam Sankar Nagar 2nd Street Madurai 55.3 Lakh by Hdb Financial Services Limited 03 Jul 2026
Thallakulam, Sankar Nagar 2nd Street, Madurai
Area: 1205 Sq.ft.
Plot No. 12, Door No. 18, Sankar Nagar 2nd Street, Utkadai K.Pudur, Thallakulam Village, Madurai Corporation Joint, Madurai North Taluk, Madurai District
HDB Financial Services Limited · REGISTERED OFFICE : AHMEDABAD
Reserve price
₹55,31,106
EMD ₹5,53,110
Auction date
03 Jul 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 1205 Sq.ft.
- ▸Locality: Thallakulam, Sankar Nagar 2nd Street
- ▸Reserve: ₹55,31,106
- ▸EMD: ₹5,53,110
Auction snapshot
| Possession | Symbolic |
| Property type | Plot · Residential |
| Locality | Thallakulam, Sankar Nagar 2nd Street |
| Built-up / plot area | 1205 Sq.ft. |
| Lender | HDB Financial Services Limited |
| Branch | REGISTERED OFFICE : AHMEDABAD |
| Unit / flat no. | Plot No. 12, Door No. 18 |
| Building / society | Sankar Nagar |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | bankeauctions.com / C1 India |
About this property
Plot bank auction in Thallakulam, Sankar Nagar 2nd Street, Madurai by HDB Financial Services Limited — reserve price ₹55,31,106, 1205 Sq.ft., Symbolic possession.
Discover a prime bank auction property in Madurai! HDB Financial Services Limited presents a valuable 1205 Sq.ft residential plot with a constructed building (Door No. 18, Plot No. 12) located in Sankar Nagar 2nd Street, Utkadai K.Pudur, Thallakulam Village, Madurai. This property, secured under SARFAESI Act, offers a strategic investment opportunity. The e-auction is scheduled for July 3rd, 2026, from 11:00 AM to 12:00 PM, with a reserve price of ₹5,531,106. An EMD of ₹5,53,110 is required, with the last submission date on July 2nd, 2026. Known encumbrances are NIL, making this a clear title for prospective buyers. Ideal for residential development or investment in a growing locality of Thallakulam, Madurai. Don't miss this opportunity to acquire a bank auction property in Tamil Nadu.
GeoSquare note: This property represents a strong buy due to its clear title ("NIL" encumbrances) and the presence of both a plot and a constructed building, offering immediate utility. The location in Madurai's Thallakulam village, Sankar Nagar, suggests potential for appreciation in a residential area. With a reasonable reserve price and a clear auction process, it holds good investment appeal, making it a valuable acquisition for a residential investor.
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