All auctions / Tamil Nadu / Madurai
27Oct
- Reserve price
- ₹10,80,00,000
- EMD
- ₹1,08,00,000
- Bid increment
- ₹2,00,000
This is the 6th auction of this property. The reserve price is 10% lower than at the last auction (₹12,00,00,000 on 24 Aug 2026, 10:00 AM). Unsold properties usually come back at a lower reserve.
Key dates
- Pay EMD and submit bid by27 Oct 2026, 10:00 AM
- Auction27 Oct 2026, 10:00 AM – 4:00 PM · in 12 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 27 Oct 2026 | ₹10,80,00,000 | -10.0% | Upcoming |
| 24 Aug 2026 | ₹12,00,00,000 | +29.9% | Closed |
| 8 May 2026 | ₹9,24,00,000 | — | Closed |
| 27 Mar 2026 | ₹9,24,00,000 | — | Closed |
| 27 Feb 2026 | ₹9,24,00,000 | — | Closed |
| 6 Feb 2026 | ₹9,24,00,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹1,08,00,000
- Rest of 25% when you win (same or next day)
- ₹1,62,00,000
- Balance 75%, usually within 15 days
- ₹8,10,00,000
- Stamp duty and registration (about 5–8%, varies by state)
- ₹54.00 L – ₹86.40 L
You may bid above the reserve in steps of ₹2,00,000. 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
- Commercial · Shops
- Possession
- Physical
- Address
- m/s hotel arunachala door no 140, 141 south veli st madurai 625001
- Borrower
- ARUNACHALA AND CO
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