Land And Building for auction Anducode Kanyakumari 11 lakh Canara Bank

This is a unique opportunity to acquire a Land and Building property located in the vibrant area of Marthandam, Kanyakumari, Tamil Nadu. Previously owned by Mr. JAYAN, this residential asset is being auctioned by Canara Bank under the SARFAESI Act. The property offers a promising canvas for development or personal use in a well-connected region.

Canara Bank is conducting a SARFAESI auction for a Land and Building property in Marthandam, Kanyakumari. The auction has a reserve price of ₹10,75,000 and an Earnest Money Deposit (EMD) of ₹1,07,500. The bidding process will commence on November 25, 2025, at 12:00 PM and conclude at 01:00 PM on the same day. This is a prime chance for interested parties to secure a valuable asset.

This property represents a calculated opportunity due to its location in Marthandam and its classification as land with a building, offering potential for development or residential use. The reserve price of ₹1075000.0 and the specified auction terms make it a moderately attractive investment for those familiar with the local real estate market. Further due diligence is recommended to assess the property's specific condition and market value.