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Commercial Godowns in A Vellalapatti, Madurai, Tamil Nadu

A Vellalapatti, Madurai, Tamil Nadu

This commercial property in A Vellalapatti, Madurai, Tamil Nadu is up for auction by Indian Bank, at a reserve price of ₹2 Cr. An earnest-money deposit of ₹20 L is due by 4 Nov 2026, 05:00 PM IST. Bidding opens on 4 Nov 2026, 11:00 AM IST on the official e-auction portal. The listing is republished from a statutory SARFAESI sale notice and refreshed daily; verify every detail against the notice before bidding.

Reserve price
₹2 Cr
Auction starts
4 Nov 2026, 11:00 AM IST

Open the full listingSale notice (PDF)View on the official portal

Auction details

Reserve price₹2 Cr
EMD amount₹20 L
Auction starts4 Nov 2026, 11:00 AM IST
Auction ends4 Nov 2026, 05:00 PM IST
EMD deadline4 Nov 2026, 05:00 PM IST
Inspection21-10-2026 10:00 – 30-10-2026 16:00
BankIndian Bank
BranchEAST VELI STREET - 409
Property typeCommercial
Sub typeGodowns
PIN code625301
StatusUpcoming
Bank property IDIDIB794877102
Type of auctionUnder SARFAESI
PossessionPhysical
Borrower addressNo 19 rani ponnammal road mathur post alagarkovil madurai 625301
Authorised officerHIMANSHU GUPTA (Authorised Officer - Scale - IV - CM)
Inspection contactABHISHEK AMAR · 9442606827
Bid increment₹50,000
Auto-extensionExtends 10 min on a bid in the last 10 min
EMD window opens16 Oct 2026, 19:30

Legal description

Mathur Village, Velliyankundram hamlet, Madurai East Taluk, Othakkadai SRO, Madurai North Regd. District and Madurai District

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This listing is republished from a statutory sale notice published by the lender on an official e-auction portal, and is refreshed daily. Verify every detail against the notice and the portal before you bid. BidBazaar is not the seller and is not a party to the auction.