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Land SARFAESI Auction

230.5 sq m Land for Auction in Madurai – Hinduja Housing Finance Limited

Madurai, Tamil Nadu · Auction ID #82145

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Reserve Price ₹15,92,000
EMD (Earnest Money)₹1,59,200
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
Area230.5 sq m

Property Details

Property type
Land (Land & Agricultural)
Possession
Not specified
Area
230.5 sq m (≈ 2,481 sq ft)
Reserve price / sq ft
₹642
Locality
—

Description (as per sale notice)

Madurai District, Madurai South Registration District, Madurai South Joint IV SRO, Thiruparankundram Taluk, Madakulam Village, Muthuramalingapura m Main street, Natham S.No.472/1(Part) and at present Town Survey Ward XXII in Block 20, in T.S.No.132 measuring 0.0230.5 Sq.meter land in that Middle portion land is within the following boundaries Four Boundaries North-House of Alagarsamy South-House of Mayandi Thevar and Kumarasamy East-House of Sivaganesan and Vimala and 5 ft wide Common pathway West-Land of Selvaraj Within which the land measuring East West on North 25 ft; on south 26 ft and North South on East 31'9" on West 36'1" and thus totally measuring 864.87 Sq.ft land and with all its amenities. The above said property is within the limit of Madurai Corporation.

Bank & Auction Details

Branch
Hinduja Housing Finance Limited, Madurai - BO
Auction type
SARFAESI Auction
Borrower
Mr. R***** S
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 ₹642 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 52% 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 ₹1,59,200 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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