All auctions / Tamil Nadu / Usilampatti

3612 square feet Individual House for sale in Uthapanayakanur Usilampatti

Usilampatti, Madurai, Tamil Nadu – 625532

Canara Bank · MADURAI SPECIALISED ARM BRANCH

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Reserve price
₹43,00,000
EMD
₹4,30,000
Bid increment
₹1,00,000
Area
3,612 sq ft
Price per sq ft
₹1,190

This is the 3rd auction of this property. The last auction had a reserve of ₹43,00,000. Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property7 Oct 2026, 10:00 AM – 27 Oct 2026, 3:59 PM
  2. Pay EMD and submit bid by27 Oct 2026, 4:00 PM
  3. Auction28 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
28 Oct 2026₹43,00,000—Upcoming
22 Sep 2026₹43,00,000-8.5%Closed
21 Aug 2026₹47,00,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹4,30,000
Rest of 25% when you win (same or next day)
₹6,45,000
Balance 75%, usually within 15 days
₹32,25,000
Stamp duty and registration (about 5–8%, varies by state)
₹2.15 L – ₹3.44 L

You may bid above the reserve in steps of ₹1,00,000. 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
Residential · Individual House
Possession
Symbolic
Auction type
Bank sale (SARFAESI)
Address
All the part and parcel of the property located in Madurai District, Madurai South Registration District, Ushilamppatti Sub-district, Ushilamppatti Taluk, Uthapanayakkanur Village, With S.NO 231/9 for an Extent 0.28.00Ares i.e., 69 Cents in that Southern side for an extent 34.50 Cents in that Western side for an extent 8.5 Cents and bounded by North : Premanand Land South : Panaselvam Punjai Land West : Panaselvam Punjai Land, East : Raman and Ramu land & North South 16 feet wide East West pathway Measuring: East–West on the Northern side 65 feet, East–West on the Southern side 64 feet, North–South on the Eastern side 55 feet, North–South on the Western side 57 feet, Land measuring for an extent 3612 Sq. feet, Above mentioned property at present as per subdivision Patta No. 1363 in that S.No.231/9A
Borrower
M/S PM BLUE METALS

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