All auctions / Tamil Nadu / Madurai
Plot for sale in Madurai
Madurai, Tamil Nadu – 625020
Bank of Maharashtra · MADURAI-DINDIGUL ROAD
This auction has ended or was withdrawn. Banks often re-auction at a lower reserve price, so check current auctions nearby.
- Reserve price
- ₹23,81,400
- EMD
- ₹2,38,140
- Bid increment
- ₹25,000
This is the 2nd auction of this property. The reserve price is 10% lower than at the last auction (₹26,46,000 on 30 Mar 2026, 1:00 PM). Unsold properties usually come back at a lower reserve.
Key dates
- Inspect the property5 Oct 2026, 11:00 AM – 14 Oct 2026, 5:00 PM
- Pay EMD and submit bid by15 Oct 2026, 12:00 PM (EMD closes today)
- Auction15 Oct 2026, 1:00 PM – 5:00 PM · today
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 15 Oct 2026 | ₹23,81,400 | -10.0% | Upcoming |
| 30 Mar 2026 | ₹26,46,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹2,38,140
- Rest of 25% when you win (same or next day)
- ₹3,57,210
- Balance 75%, usually within 15 days
- ₹17,86,050
- Stamp duty and registration (about 5–8%, varies by state)
- ₹1.19 L – ₹1.91 L
You may bid above the reserve in steps of ₹25,000. 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 · Plot
- Possession
- Symbolic
- Address
- land admeasuring 2354 ½ Sq.ft. (Equivalent to 218.73Sq.mts.) bearing Plot No.1 in ‘K.T.S. Aravindh Nagar’ in S. No.744/2A [i.e. in Dindigul District , Dindigul East Taluk, Dindigul Registration District, Nagal Nayakkanpatti Sub-D, Balakrishnapuram Village, bearing Patta No.1479 corresponding to S. No.744/2 for an extent of 0.47.0Ares i.e. 1Acre 16 Cents in that Northern Side for an extent 86Cents now as per New Survey bearing Patta No.5732 is comprised corresponding to New S. No.744/2A for an extent 0.35.0 Hectare i.e. 86Cents land and corresponding to S. No.744/2B for an extent 30cents land altogether total for an extent 1Acre 16 cents in that 3.67Cents land is excluded remaining for an extent of 1Acre 12.33 cents of land divided into various layout plots] along with the common rights in all roads and all other appurtenances, usufructs, easements, right of access attached thereto and improvements thereon owned by Mr. R. A. Sadasivam, more particularly described
- Borrower
- Mrs. S. Nithya Sowbagkya Lakshmi Proprietress, M/s. SRI SAKTHI TOOLS
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