Land and Building for Auction Nagercoil North Chennai 1.8 Crore by Indian Overseas Bank
Nagercoil North, Chennai
Area: 15.894 cents
Re Sy No E11/7-2, Nagercoil North village
Indian Overseas Bank · REGIONAL OFFICE : ERNAKULAM
Reserve price
₹1,82,00,000
EMD ₹18,20,000
Auction date
23 Jul 2026, 11:00 AM
Auction notice
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Quick read
- ▸Area: 15.894 cents
- ▸Locality: Nagercoil North
- ▸Reserve: ₹1,82,00,000
- ▸EMD: ₹18,20,000
Auction snapshot
| Possession | — |
| Property type | Land And Building · Residential |
| Locality | Nagercoil North |
| Built-up / plot area | 15.894 cents |
| Lender | Indian Overseas Bank |
| Branch | REGIONAL OFFICE : ERNAKULAM |
| Unit / flat no. | Property No. 6 |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Nagercoil North, Chennai by Indian Overseas Bank — reserve price ₹1,82,00,000, 15.894 cents.
Participate in the upcoming bank auction for a prime land and building asset located in Nagercoil, Tamil Nadu. Offered by Indian Overseas Bank, this property consists of approximately 15.894 cents of land (comprising 6.50 cents, 6 cents, and a 1/4th share of 3.394 cents) situated in Re Sy No E11/7-2, Nagercoil North village. This bank auction property is an excellent opportunity for investors seeking real estate in the Tamil Nadu region. With a reserve price of ₹1,82,00,000, this land and building parcel offers significant development potential. Interested bidders must submit an EMD of ₹18,20,000. The e-auction is scheduled for 2026-07-23. Don't miss this chance to acquire a valuable commercial/land asset through a transparent Indian Overseas Bank auction process.
GeoSquare note: The property offers a significant land parcel in a well-defined location in Nagercoil, making it a viable asset for future development. Given the reserve price and the nature of the land, it presents a strong investment potential for serious bidders. Investors should conduct independent due diligence regarding encumbrances and local zoning laws before participating.
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