Representative illustration — Villa bank auction in Kodikulam
Representative illustration — not the actual property photograph.
Villa Residential Symbolic possession Fair Option

Villa for Auction Kodikulam Madurai 43.3 Lakh by State Bank of India 25 Jun 2026

Kodikulam, Madurai

Area: 1500 sq ft

No. S-15, Plot S-12/15, 11th Cross Street, VNCT Lotus Villas, Kodikulam 2nd BIT Village

State Bank of India · Centralised Retail Asset Management Centre (CRAMC

Reserve price

₹43,26,000

EMD ₹4,32,600

Auction date

25 Jun 2026, 11:30 AM

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Quick read

  • Possession: Symbolic
  • Area: 1500 sq ft
  • Locality: Kodikulam
  • Reserve: ₹43,26,000
  • EMD: ₹4,32,600

Auction snapshot

PossessionSymbolic
Property typeVilla · Residential
LocalityKodikulam
Built-up / plot area1500 sq ft
LenderState Bank of India
BranchCentralised Retail Asset Management Centre (CRAMC
Unit / flat no.S-15
Building / societyVNCT Lotus Villas
Auction typeSARFAESI Auction
Bid increment₹25,000
Service providerBAANKNET

About this property

Villa bank auction in Kodikulam, Madurai by State Bank of India — reserve price ₹43,26,000, 1500 sq ft, Symbolic possession.

Seize the opportunity to own a residential villa through a bank auction property in the serene locality of Kodikulam, Madurai. This villa, part of VNCT Lotus Villas, features 1500 sq ft of space and a super built-up area of 985 sq ft, including a covered car park. The e-auction is scheduled for 2026-06-25 with a reserve price of ₹4326000.0 and an EMD of ₹432600.0. Don't miss out on this excellent investment opportunity in Madurai's real estate market. Contact SBI for more details.

GeoSquare note: This villa in Madurai is offered at a reasonable reserve price, but with symbolic possession, there might be some delays in aquiring physical possession.. Its location in Kodikulam adds to its appeal. Investors should consider this a fair option, balancing the location and price range of the property with the possible risks associated with symbolic possession.

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