Plot for Auction Verathanur Village Madurai 2.3 Crore by Canara Bank 06 Jul 2026
Verathanur Village, Madurai
Area: 1 acre
R.S.No.269/28, Verathanur Village, Madurai South Taluk, Madurai.
Canara Bank · ASSET RECOVERY MANAGEMENT BRANCH, COIMBATORE
Reserve price
₹2,28,76,000
EMD ₹22,87,600
Auction date
06 Jul 2026, 11:30 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 1 acre
- ▸Locality: Verathanur Village
- ▸Reserve: ₹2,28,76,000
- ▸EMD: ₹22,87,600
Auction snapshot
| Possession | Symbolic |
| Property type | Plot · Residential |
| Locality | Verathanur Village |
| Built-up / plot area | 1 acre |
| Lender | Canara Bank |
| Branch | ASSET RECOVERY MANAGEMENT BRANCH, COIMBATORE |
| Unit / flat no. | R.S.No.269/28 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | BAANKNET |
About this property
Plot bank auction in Verathanur Village, Madurai by Canara Bank — reserve price ₹2,28,76,000, 1 acre, Symbolic possession.
An excellent opportunity to acquire a 1-acre punjai land with building located in R.S.No.269/28, Verathanur Village, Madurai South Taluk, Madurai, Tamil Nadu, through a Canara Bank auction. This bank auction property offers a competitive reserve price of ₹2,28,76,000.0 with an EMD of ₹2,28,760.0. Ideal for potential development or agricultural use, this plot is situated within the Verathanur Village Panchayat Limit. The e-auction is scheduled for 2026-07-06 from 11:30 AM to 12:30 PM, with property inspection available on 2026-07-03. Contact Canara Bank's Asset Recovery Management Branch in Coimbatore for further details on this attractive Madurai land for sale.
GeoSquare note: This 1-acre plot with a building in Verathanur Village, Madurai, presents a strong investment opportunity. The location offers potential for agricultural or future developmental projects in a growing region. With a reasonable reserve price of ₹2.28 Crore and transparent bank auction details, it’s an attractive option despite the symbolic possession. This property is recommended for investors seeking significant land parcels near Madurai.
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