Land And Building for auction Kappiyarani-B Kanyakumari 65 lakh Punjab National Bank

Property for Auction in Kanyakumari, Kanyakumari, Tamil Nadu

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
13.75 Cents
Reserve Price
65,00,000
Reserve Price
65,00,000
EMD Required
6,50,000
Property Specifications
Society/Building
Size13.75 Cents
Unit No.20-126C
Floor
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land And Building
Location IconLocation:
Kanyakumari, Kanyakumari
Auction Date IconAuction Date:
31-10-2025 10:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:587480

Bank Name:Punjab National Bank

Branch Name:ASSET RECOVERY MANAGEMENT BRANCH

Reserve Price:65,00,000

EMD:6,50,000

Bid Increment:1,00,000

Auction Time:10.00 am to 4.00 pm

Service Provider:BAANKNET

Important Dates

Submission Date:31-10-2025 10:00 AM

Bid Start Date:2025-10-31

Property Description

This auction features a valuable Land And Building property located in Kanyakumari, Tamil Nadu, a prime coastal city. The asset, categorized as residential, is being auctioned by Punjab National Bank. Situated in the heart of Kanyakumari, this property offers excellent potential for development or personal use. Don't miss this opportunity to acquire a significant asset in a sought-after location.

State:Tamil Nadu

City:Kanyakumari

Area:Kanyakumari

Asset Category:Residential

Full Address:20-126C, Door No: 20-126C, Kappiyarani-B, R.S.No: 647/12C2, Old S.No. 750 A,B, Kappiyarani-B, Kanyakumari

Size:13.75 Cents

Auction Description

Punjab National Bank is conducting a SARFAESI auction for a Land And Building property in Kanyakumari, Tamil Nadu. The bidding starts on October 31, 2025, at 10:00 AM and concludes at 4:00 PM on the same day. The reserve price is set at ₹65,00,000, with an Earnest Money Deposit (EMD) of ₹6,50,000 required. This is a unique chance to bid on a property previously associated with M/s Aaro Motors. Ensure you are registered and prepared for this timed online auction event.

Borrower Name:M/s Aaro Motors

Auction Type:SARFAESI Auction

Guarantor Names:Mr. C.Jose Kingsly

Legal Details

Possession Status:Symbolic

Encumbrance Details:Nil

Why This Property

The property presents a calculated opportunity due to its residential land and building type in Kanyakumari. The reserve price is moderate, and the symbolic possession suggests potential complexities, requiring thorough due diligence. While the location is specified, further market analysis is advisable.

Contact Details

Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH

Service Provider:BAANKNET

Contact Details:

Contact no: —

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