All auctions / Tamil Nadu / Madurai

5227 square feet Plot for sale in Madurai

Madurai, Tamil Nadu – 625001

Punjab National Bank · MADURAI-NORTH VELI STREET108910

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Reserve price
₹75,76,000
EMD
₹7,57,600
Bid increment
₹50,000
Area
5,227 sq ft
Price per sq ft
₹1,449

This is the 2nd auction of this property. The last auction had a reserve of ₹75,76,000. Unsold properties usually come back at a lower reserve.

Key dates

  1. Pay EMD and submit bid by27 Oct 2026, 10:00 AM
  2. Auction27 Oct 2026, 10:00 AM – 4:00 PM · in 12 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
27 Oct 2026₹75,76,000—Upcoming
2 Sep 2026₹75,76,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹7,57,600
Rest of 25% when you win (same or next day)
₹11,36,400
Balance 75%, usually within 15 days
₹56,82,000
Stamp duty and registration (about 5–8%, varies by state)
₹3.79 L – ₹6.06 L

You may bid above the reserve in steps of ₹50,000. If you lose, the EMD is refunded. Check the notice for exact terms and any dues (society, tax, electricity) the buyer must pay.

Property

Type
Residential · Plot
Possession
Symbolic
Auction type
Bank sale (SARFAESI)
Address
Immovable Property In The Name Of R. Manibharathi D/s Ramasamy: - All that part and parcel of vacant land situated in Madurai District, Madurai South Registration District, Madurai South Joint-1 Sub Registration District, Madurai South Taluk, Villapuram village within the UDR. No.18, S.No 35-1, Nanjai Land measured in 10 cents at the southern part of the larger extent land of 48 cents and also as per same S.R.No.35/1 Nanjai land measured 2 cents situated at the eastern part of the last portion of the southern side of the land measured 17 cents out of 48 cents of which measured in total 12 cents and within the following four boundaries: North: The Land purchased by Sannasi East: Land of Ramachamy (Donor) South: 10 feet wide Road West: 20ft. Road left by Ramachamy (Donor)
Borrower
M/s Renukadevi Metal

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