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House SARFAESI Auction

2,303.13 sq ft House for Auction in Madurai – Hinduja Housing Finance Limited

Madurai, Tamil Nadu · Auction ID #82138

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Reserve Price ₹1,20,48,000
EMD (Earnest Money)₹12,04,800
Bid Increment₹10,000
Auction Date 05 Nov 2026, 11:00 AM In 34 days
EMD Last Date 04 Nov 2026, 05:00 PM In 33 days
Area2,303.13 sq ft

Property Details

Property type
House (Residential)
Possession
Not specified
Area
2,303.13 sq ft
Reserve price / sq ft
₹5,231
Locality
—

Description (as per sale notice)

Property is a house bearing Present Door No.10/1, Correlated with old Door No.113/10/1,bearing Assessment No.317898, Constructed upon a land measuring 2303.125 Sq.ft,Bearing Plot No.2, Comprised in R.S.No.10/1 out of 36 cents located on northwestern extreme out of 1 acre Comprised in R.S.No. 10/1, Situated in Corporation New Ward No.22, Old ward No.72, Kokulappi Village, Madhurai South Taluk, Madhurai District, within the limits of Madhurai Corporation, within the Jurisdiction of Arasaradi Sub Registration District, Madhurai South Registration District bounded on the North by: Plots of Srinivasa iyer and Rajendhira Nadar; East by : 20 ft wide Road; West by : Plot No.1 Belonged to K.Ramesh; South by: 20 ft wide road; Measuring: East west on both sides: 55 ft; North south on the Eastern side:40 ½ ft; North south on the western side :43 ½ ft; totaling an extent of 2303.125 Sq.ft of land and building constructed thereon

Bank & Auction Details

Branch
Hinduja Housing Finance Limited, Madurai - BO
Auction type
SARFAESI Auction
Borrower
Mr. J***** M
Auction start
05 Nov 2026, 11:00 AM
Auction end
05 Nov 2026, 01:00 PM
EMD submission deadline
04 Nov 2026, 05:00 PM
Inspection
—
Authorised officer
—
Officer contact
—
View official sale notice

Price Check

This listing's reserve price works out to ₹5,231 per sq ft. The average across residential bank auctions in Madurai on our site is ₹3,931 per sq ft, so this one is 33% above that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

  1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues (open notice).
  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 (C1 India (bankeauctions.com)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹12,04,800 before 04 Nov 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 5 Nov 2026 starting above the reserve price, in multiples of ₹10,000.
  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 Hinduja Housing Finance Limited. Always verify every detail with the official notice and the authorised officer before paying any money.

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