All auctions / Tamil Nadu / Melur

4791.6 square feet Individual House for sale in Melur

Melur, Madurai, Tamil Nadu – 625106

Canara Bank · MADURAI SPECIALISED ARM BRANCH

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Reserve price
₹64,10,000
EMD
₹6,41,000
Bid increment
₹50,000
Area
4,792 sq ft
Price per sq ft
₹1,338

This is the 3rd auction of this property. The reserve price is 9.9% lower than at the last auction (₹71,17,000 on 29 Sep 2026, 12:00 PM). Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property8 Oct 2026, 10:00 AM – 23 Oct 2026, 4:00 PM
  2. Pay EMD and submit bid by26 Oct 2026, 4:00 PM
  3. Auction27 Oct 2026, 12:00 PM – 1:00 PM · in 11 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
27 Oct 2026₹64,10,000-9.9%Upcoming
29 Sep 2026₹71,17,000—Closed
17 Jul 2026₹71,17,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹6,41,000
Rest of 25% when you win (same or next day)
₹9,61,500
Balance 75%, usually within 15 days
₹48,07,500
Stamp duty and registration (about 5–8%, varies by state)
₹3.21 L – ₹5.13 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 · Individual House
Possession
Symbolic
Auction type
Bank sale (SARFAESI)
Address
Property in the name of Mr. A Subramanian: All that piece and parcel of property land together and situated in Madurai Registration District, Melur Sub-D, No.30, Navanipatti Villlage Ayyan Punja Land R.S.NO.400/10, Cents 34 in that northern side Cents 11. Bounded By: On The North : Kupayi Konar’s Punja Land On The East : Mookan’s Punja Land On The South : Poochi Ammal’s Punja Land On the West : Road and V.M. krishnasamy’s Land Admeasuring in all cents 11.
Borrower
ANU S

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