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
- 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
- Inspect the property7 Oct 2026, 10:00 AM – 27 Oct 2026, 3:59 PM
- Pay EMD and submit bid by27 Oct 2026, 4:00 PM
- Auction28 Oct 2026, 12:00 PM – 1:00 PM · in 12 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 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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