Land for auction 11 Marthandam Kanyakumari by City Union Bank

This offering presents a parcel of land located in Marthandam, a significant commercial and residential hub within the Kanyakumari district of Tamil Nadu. As a residential asset, the land offers potential for development or personal use. Situated in a well-connected region, it benefits from the local infrastructure and proximity to amenities. The property is being brought to auction by City Union Bank under the SARFAESI Act.

City Union Bank is conducting a SARFAESI auction for land in Marthandam, Kanyakumari, Tamil Nadu. The auction will take place on August 20, 2025, from 11:00 AM to 12:00 PM. The reserve price for this residential land is ₹55,00,000, with an Earnest Money Deposit (EMD) of ₹5,50,000 required. This is an opportunity to acquire property in a developing area. Interested bidders should review all auction terms and conditions. The property is being auctioned due to non-payment by the borrower, M/s. JPS Lift and Escalator.