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
- 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
- Inspect the property8 Oct 2026, 10:00 AM – 23 Oct 2026, 4:00 PM
- Pay EMD and submit bid by26 Oct 2026, 4:00 PM
- Auction27 Oct 2026, 12:00 PM – 1:00 PM · in 11 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 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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