Auction date awaited. The bank has listed this property for sale but has not scheduled the auction yet. The price shown is the bank's indicative price. Save it or get free alerts — once the auction is announced it will appear in our auction listings with the reserve price, EMD and date.

House SARFAESI Auction Physical Possession

House for Sale (Bank Auction) in Madurai, Madurai – Union Bank

Madurai, Madurai, Tamil Nadu · Auction ID #55801

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Indicative Price ₹73,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date Not yet scheduled
EMD Last Date —

Property Details

Property type
House (Residential)
Possession
Physical Possession
Locality
Madurai
Pincode
625001
Address
Madurai, Tamil Nadu, 625001 View on map

Description (as per sale notice)

"In Madurai District, Madurai South Registration district, Thiruparankundram Sub District, Madurai South Taluk, Vadivelkarai Village in Resurvey No 18/6A1, at present as per sub division in Patta No345, in Nanja Resurvey No 18/6 B, Measuring 0.07.5 Ares i.e. 17 Cents in which Northern 4800 Sq.ft of the house site and bounded on the North: Plots in Resurvey No 18/5 East: Plots in Resurvey No 18/7 A South: Southern Portion of Plots in Resurvey No.18/6 B West: 30 feet wide road in Resurvey No.18/6B and 18 / 6A3 Within these boundaries an extent measuring East to West at Northern side 58 feet, East to West at Southern side 58 feet and on the North to South at Eastern side 65.75 feet North to South at Western side 65.75feet measuring 3814 Sq.ft of the house site and including the road 986 Sq.ft on the Western side and thereby total measuring 4800 Sq.ft i.e.11 Cents 04 Sq.ft of the House Plot no .1 with Residential Building constructed thereon and other amenities. The Property is owned by Mr. S.Mahadevan S/o Sekar"

BAANKNET Property ID: UBINCOIMAD2224

Bank & Auction Details

Bank / Lender
Union Bank of India
Branch
KOCHADAI-MADURAI-549398
Auction type
SARFAESI Auction
Borrower
S M*****
Auction start
—
Auction end
—
EMD submission deadline
—
Inspection
—
Authorised officer
—
Officer contact
—

How to Participate in This Auction

  1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
  2. Inspect the property on the inspection date given in the notice and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID UBINCOIMAD2224)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before —. It is refunded if you don't win.
  5. Bid online on — starting above the reserve price.
  6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.

Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Union Bank of India. Always verify every detail with the official notice and the authorised officer before paying any money.

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