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Commercial in Madurai

Madurai

Reserve price
₹70.23 L
Auction date
13 Mar 2026
10:30 AM
EMD deadline
25 Nov 2025
4:00 PM
Bid increment
₹25,000.00

Location details

Property Address
Name of the Mortgager: Smt. P Praba W/o, Shri. V. Ramani Situated at Old R.S. No 108/1 and TS No 213 at vivekanandar Street, admeasuring – 2601 Sq Ft or thereabouts, situated within the village limits of Sambakkulam SRO Tallakulam Madurai District, in the State of Tamilnadu bounded on: On the East by : Property belonging to Mr. S. Sheik Alavudin, On the West by : Plot No. 36, On the South by : 12 Mtr. Road, On the North by : Sathiyar Odai, Measuring: East Side : 35 ½ feet, West Side : 66 ½ feet, North Side : 53 feet, South Side : 49 feet, Thus totalling 2601 Sq Ft
City: Madurai
District: Madurai
State: Tamil Nadu
Pin Code: 625007
Country: India

Auction timeline

Auction starts
13 Mar 2026 at 10:30 AM
Auction ends
13 Mar 2026 at 12:00 PM
EMD submission deadline
25 Nov 2025 at 4:00 PM

EMD must be submitted before this time to be eligible to bid.

Property overview

Type
Commercial
Sub Type
Plot
Possession Status
Physical
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹70.23 L
Property Identifiers
Bank Property ID
IBKL4471931783

Property Images

Price history

3 previous auctions
₹70.2L26 Nov₹70.2L₹70.2LNow
₹70,23,000.00
9 Feb 2026
Commercial
Industrial Development Bank of India Limited logoIndustrial Development Bank of India LimitedPossession: Physical
₹70,23,000.00
29 Dec 2025
Commercial
Industrial Development Bank of India Limited logoIndustrial Development Bank of India LimitedPossession: Physical
₹70,23,000.00
26 Nov 2025
Commercial
Industrial Development Bank of India Limited logoIndustrial Development Bank of India LimitedPossession: Physical

Borrower & Loan details

Borrower Name
P Praba
Registered Address of Borrower
P PRABA, PLOT NO :7, TIRUKURAL STREET,OPP SIDDI VINAYA,GOMATHIPURAM 6 TH STREET, DISTRICT-MADURAI,STATE-TAMIL NADU,PINCODE-625020
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable

EMD Schedule

EMD Start
25 Feb 2026
3:23 PM
EMD Deadline
12 Mar 2026
4:00 PM
Payment Deadline
25 Nov 2025

Inspection Schedule

Inspection Start
02 Mar 2026
11:00 AM
Inspection End
02 Mar 2026
1:00 PM

Officer Details

Authorized Officer
Shri Naveen Kumar Agarwal
Checker
Dealing Officer
Abraham S A

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹25,000.00
Extension Increment
₹25,000.00
Auto Extension
Enabled
Extension Trigger
Last 10 minutes
Extension Duration
10 minutes
First Bid Acceptance
Yes

Ownership & Legal

Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Property ID
IBKL4471931783
Industrial Development Bank of India Limited logo
Industrial Development Bank of India Limited
Verified seller
Branch: Madurai
IFSC: IBKL

Bank contact

+91 1800 209 4234+91 96777 47775
Branch Address
1/1, Karthik Raja Complex Vinayaga Nagar K.K. Nagar
Branch IFSC
IBKL0000044
Department
Madurai