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Land SARFAESI Auction

1 acre Land for Auction in Madurai – Hinduja Housing Finance Limited

Madurai, Tamil Nadu · Auction ID #82140

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Reserve Price ₹25,85,000
EMD (Earnest Money)₹2,58,500
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
Area1 acre

Property Details

Property type
Land (Land & Agricultural)
Possession
Not specified
Area
1 acre (≈ 43,560 sq ft)
Reserve price / sq ft
₹59
Locality
—

Description (as per sale notice)

Madurai District, Madurai South Registration District, Madurai South Joint 1 SRO, At Present Samanatham SRO Madurai South Taluk, No.145, Kusavangundu Village, Patta No.72, R.S.No.92/5 (At Present R.S.No.92/5B) Measuring 1 acre 55 Cents in which corner of South-West measuring 12 cents in which western Side measuring 6 cents land is bounded on Four Boundaries: North By: Property of Pottaiammal South By: Konarpatti Road East By: Property of R.Pandi Vagayara West By: Land and House of Subbaiah Velu Measuring 6 Cents land and existing house building and all its amenities The above Said Property as Per Sub Division now in New Natham S.No.92/5B

Bank & Auction Details

Branch
Hinduja Housing Finance Limited, Madurai - BO
Auction type
SARFAESI Auction
Borrower
Mr. M***** P
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 ₹59 per sq ft. The average across land & agricultural bank auctions in Madurai on our site is ₹1,328 per sq ft, so this one is 96% below 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 ₹2,58,500 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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