All auctions / Tamil Nadu / Thirumangalam
3591 square feet Godowns for sale in T PUDUPATTI Thirumangalam
Thirumangalam, Madurai, Tamil Nadu – 625706
Canara Bank · MADURAI SPECIALISED ARM BRANCH
- Reserve price
- ₹69,00,000
- EMD
- ₹6,90,000
- Bid increment
- ₹50,000
- Area
- 3,591 sq ft
- Price per sq ft
- ₹1,921
This is the 7th auction of this property. The reserve price is 9.9% lower than at the last auction (₹76,60,000 on 24 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 12 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 27 Oct 2026 | ₹69,00,000 | -9.9% | Upcoming |
| 24 Sep 2026 | ₹76,60,000 | +19.7% | Closed |
| 24 Jun 2026 | ₹64,00,000 | — | Closed |
| 26 May 2026 | ₹64,00,000 | -9.9% | Closed |
| 28 Apr 2026 | ₹71,00,000 | — | Closed |
| 25 Mar 2026 | ₹71,00,000 | -9.0% | Closed |
| 24 Feb 2026 | ₹78,00,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹6,90,000
- Rest of 25% when you win (same or next day)
- ₹10,35,000
- Balance 75%, usually within 15 days
- ₹51,75,000
- Stamp duty and registration (about 5–8%, varies by state)
- ₹3.45 L – ₹5.52 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
- Commercial · Godowns
- Possession
- Symbolic
- Auction type
- Bank sale (SARFAESI)
- Address
- All that piece and parcel of the Property ( with Building) situated at Madurai District, Madurai South Registration District, Thirumangalam Sub Registry, T Pudupatti Village , with S No. 25/11B upto 13 cents bounded on the North : Thirupathi’s Partition Property East : Property Belongs to Athilakshmi comprised in S.NO.25/11C South : Property belongs to Prabhakaran West : 10ft wide south north common pathway and odai.
- Borrower
- SURYA TRADERS
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