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

Add to calendar Share on WhatsApp Show area on map

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

  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 12 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
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

Similar auctions nearby

  1. 1994 square feet Godowns for sale in Salem

    Salem, Tamil Nadu

    Canara Bank Commercial · Godowns

    1,994 sq ftSymbolic possession

    in 33 days

    ₹71.25 L

    ₹3,573/sq ft

  2. Commercial auction in Thiruvallur

    Thiruvallur, Tamil Nadu

    Protium Finance Commercial

    1,020 sq ft

    in 13 days

    ₹65.60 L

    ₹6,432/sq ft

  3. 4047 square feet Godowns for sale in Tiruchengode

    Tiruchengode, Namakkal, Tamil Nadu

    Canara Bank Commercial · Godowns

    Reserve cut 5.6% 3rd auction4,047 sq ftSymbolic possession

    in 12 days

    ₹53.55 L

    was ₹56.70 L

    ₹1,323/sq ft

  4. Commercial auction in Erode

    Erode, Tamil Nadu

    Tata Capital Housing Finance Commercial

    3,010 sq ft

    in 12 days

    ₹85.00 L

    ₹2,824/sq ft