Land & Building SARFAESI Auction

17 sq m Land & Building for Auction in Madurai – Hinduja Housing Finance Limited

Madurai, Tamil Nadu · Auction ID #82151

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Reserve Price ₹22,81,000
EMD (Earnest Money)₹2,28,100
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
Area17 sq m

Property Details

Property type
Land & Building (Residential)
Possession
Not specified
Area
17 sq m (≈ 182 sq ft)
Reserve price / sq ft
₹12,465
Locality
—

Description (as per sale notice)

In Madurai District, Madurai Registration District, Thallakulam Sub Registrar Office, Now Chettikulam (Madurai North) SubRegistrar Office, Madurai North Taluk, Manthikulam Village, Natham Patta No.40, Old Natham S.No.91/1A part, New Natham S.No.91/29 of an extent of 0.1.17.0 Sq.meter (ie) 1259 Sq. feet land with building bounded on, On the North - S.No.91/24 Street. On the East - S.No.91/30 On the SouthS.No.91/34. On the WestS.No.91/28 Within the above boundary admeasuring East West on the both sides by 31.4 feet, North South on the both sides by 40.1 feet, totally 1259 Sq.feet vacant site & building measuring East West on the both sides by 18 feet. North South on the both sides by 15 feet, totally 270 Sq feet building & Asbestos building measuring East West on the both sides by 18 feet. North South on the both sides by 8 feet, totally 144 Sq feet A.C.C roof building bearing Door No.3/130, Tax Assessment No.550 & EB service connection No.05-108- 013-618 The above said property situated at Karuvanoor Panchayat.

Bank & Auction Details

Branch
Hinduja Housing Finance Limited, Madurai - BO
Auction type
SARFAESI Auction
Borrower
Mr. P***** 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
—

Price Check

This listing's reserve price works out to ₹12,465 per sq ft. The average across residential bank auctions in Madurai on our site is ₹3,931 per sq ft, so this one is 217% 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 ₹2,28,100 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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