Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612427
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹17,70,000
EMD:₹1,77,000
Auction Time:12:00 pm - 01.00 pm
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
This auction features a residential land and building located in Kalkulam, Kanyakumari, Tamil Nadu. The property is being auctioned by Canara Bank under the SARFAESI Act. It offers a prime opportunity to acquire real estate in a well-known region. The asset category is residential, making it suitable for personal use or investment.
State:Tamil Nadu
City:Kanyakumari
Area:Kalkulam
Asset Category:Residential
Full Address:R.Sy. No 663/3, Old S No 2377, in Tiruvattar Village, Kalkulam Taluk, Tiruvattar Village, Kanyakumari
Size:6 cents
Auction Description
Canara Bank is conducting a SARFAESI auction for a land and building property in Kalkulam, Kanyakumari, Tamil Nadu. The auction will take place on November 25, 2025, from 12:00 PM to 01:00 PM. The reserve price is set at ₹17,70,000, with an EMD of ₹1,77,000 required to participate. This is a unique chance to bid on a residential property directly from the bank.
Borrower Name:Raja Kumar.K
Auction Type:SARFAESI Auction
Guarantor Names:Maheswari. P, Christhu Dhas. J
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a reasonable opportunity given its location in Kalkulam and the relatively low reserve price. While not a prime investment, it could be a strong buy for someone familiar with the local market. Due diligence regarding encumbrances and local market conditions is essential.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Contact no:7046612345
