Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:610023
Bank Name:Indian Bank
Branch Name:Tirumullaivoyal Branch
Reserve Price:₹65,00,000
EMD:₹6,50,000
Bid Increment:₹10,000
Auction Time:10:00 AM to 04:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:18-11-2025 05:00 PM
Bid Start Date:2025-11-19
Property Description
This is a bank auction property located in Thuckalay, Kanyakumari, Tamil Nadu. The asset category is residential, comprising of land and a building. This property is being auctioned by Indian Bank under the SARFAESI Act.
State:Tamil Nadu
City:Kanyakumari
Area:Thuckalay
Asset Category:Residential
Full Address:RS No 426/11, 426/12 & 426/14 of Kumarapuram (Kothanalloor), Kumarapuram (Kothanalloor), Kanyakumari
Size:61.75 cents
Auction Description
Indian Bank presents a SARFAESI auction for a residential land and building property in Thuckalay, Kanyakumari. The auction is scheduled for November 19, 2025, starting at 10:00 AM and ending at 04:00 PM. The reserve price is INR 6,500,000, with an Earnest Money Deposit (EMD) of INR 650,000. This is an excellent opportunity for prospective buyers.
Borrower Name:M/s. Sheela Cashew
Auction Type:SARFAESI Auction
Guarantor Names:Mr. S. Andrews, Mr. S. Andro
Legal Details
Possession Status:Symbolic
Encumbrance Details:NIL
Why This Property
The property is located in Kanyakumari and is an industrial land and building. With a reserve price of ₹65,00,000 and clear encumbrances, it could be a worthwhile opportunity depending on the potential for industrial use in the area. Further investigation is recommended.
Contact Details
Branch:Branch Office : Tirumullaivoyal Branch
Service Provider:BAANKNET
Contact Details:
Contact no:8291220220
