Land for auction 173 Unnamalai-kadai Villa, Vilavancode, Kanyakumari by Canara

Prospective homebuyers are presented with a unique opportunity to acquire a compact yet strategically located residential land and building in the vibrant Kanyakumari District, Tamil Nadu. This offering, identified as Resurvey No: 740/15 within Unnamalai-kadai Village, Perumpuzhi Desom, Vilavancode Taluk, encompasses a well-defined 1.5 cents of land with an existing structure. Its clear boundaries, bordered by pathways to the North and South, ensure excellent accessibility and potential for independent development, while adjacent properties signify an established residential environment. Ideal for first-time buyers seeking an affordable entry into the property market or investors looking for a manageable asset, this property holds significant promise. The modest size allows for efficient planning, making it suitable for a cozy home or a valuable rental asset in a region known for its scenic beauty and growing local economy. This is an exceptional chance to secure a foothold in a desirable locale.

For those new to bank auctions, this SARFAESI auction by Canara Bank presents a streamlined and transparent acquisition process. The property has an attractive reserve price of INR 8,37,000, making it an accessible investment. To participate, interested bidders must submit an Earnest Money Deposit (EMD) of INR 83,700, which is refundable to unsuccessful bidders. The online auction is scheduled for July 23, 2025, commencing at 12:00 PM and concluding at 01:00 PM, providing a focused bidding window. The deadline for application submission is July 22, 2025, by 04:00 PM. Conducted through the reputable service provider BAANKNET, bidders can expect a secure and efficient platform. It is highly recommended that potential buyers conduct thorough due diligence and contact the Canara Bank Regional Office in Tirunelveli at 04622555083 for any clarifications regarding the property or auction terms before the submission deadline.