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House in Madurai, Tamil Nadu (bank auction)

About this property

This is an 851 sq ft house in Madurai, Tamil Nadu. Possession is physical: the bank holds the property and can hand it over.

The reserve price, the lowest price at which the bank will sell, is ₹36,19,050 (₹36.19 L). To bid you first pay an earnest money deposit (EMD) of ₹3,61,905 (about 10% of the reserve price), which must reach the bank by 10 Dec 2026, 11:59 PM IST. Each new bid must be at least ₹50,000 higher than the last. The e-auction is on 11 December 2026 from 11:00 AM to 12:00 PM IST on bankeauctions.com. The property can be inspected: 4 December 2026, 11 am to 12 noon.

Property description

Land of 851 sq ft with a building and other amenities at Door No. 7-15/1, Thamarai Malar Street, Sambandar Alangulam, Madurai North Taluk, Madurai District, Tamil Nadu. Plot No. D (north-west partition) of a layout approved by the Commissioner, Madurai West Panchayat Union (approval No. 9428/81A-2 of 21.09.1981), in old S. No. 17/2, then R.S. No. 35/3, now new R.S. No. 35/3A. The land measures 23 ft east to west on the northern and southern sides and 37 ft north to south on the eastern and western sides. Madurai North registration district, Chokkikulam sub-registration district. Known encumbrances and claims: nil to the bank's knowledge. The bank has taken physical possession.

Boundaries

North by: Common 20 ft wide east-west road, South by: Land in Plot No. D (southern side) of another owner, East by: 5 ft wide vacant plot of another owner, West by: Plot No. C of another owner.

Auction details

Reserve price
₹36,19,050 (₹36.19 L)
EMD (earnest money deposit)
₹3,61,905
Bid increment
₹50,000
Auction starts
11 Dec 2026, 11:00 AM IST
Auction ends
11 Dec 2026, 12:00 PM IST
Last date for EMD / bids
10 Dec 2026, 11:59 PM IST
Inspection
4 December 2026, 11 am to 12 noon
Property type
House
Area
851 sq ft
Possession
Physical
Location
Madurai, Tamil Nadu
Reference
LA-5543

Interested in this property?

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  • To get more information about the property
  • For auction assistance and support
  • For property audit and inspection

Auction starts in 4 weeks.

Before you bid

  • Inspect the property on the inspection date.
  • Check title, dues and encumbrances: the sale is “as is, where is”.
  • Pay the EMD before the deadline and register on the e-auction website.
  • Read the bank’s sale notice and its terms in full.

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