Land for auction 2 Navaikulam Villa, Varkala, Thiruvananthapuram by Canara

Discover a promising investment in Thiruvananthapuram's Varkala Taluk, Kerala, with this land auction hosted by Canara Bank. Spanning 02.02 Ares and situated within Re Sy. No. 246/17-2-2 of Navaikulam Village, this property offers significant potential for astute buyers. The land is conveniently located, with clear boundaries defined by neighboring properties belonging to Bose Kumar and Thadom, simplifying any future development plans. Varkala is a renowned tourist destination, making this plot ideal for various ventures, from building a dream home amidst natural tranquility to developing a commercial enterprise catering to the local and tourist population. The asset category is listed as residential, suggesting suitability for building a family residence or a holiday retreat. The reserve price is set at 37,00,000 INR, with an Earnest Money Deposit (EMD) of 3,70,000 INR, establishing a clear entry point for serious investors. This is an exceptional opportunity to acquire a valuable piece of land in a sought-after locale.

This auction presents a unique opportunity to acquire a parcel of land in the serene Varkala Taluk of Thiruvananthapuram, Kerala. The property, identified as 02.02 Ares within Re Sy. No. 246/17-2-2 of Navaikulam Village, offers a promising canvas for development. Its strategic location in a region known for its natural beauty and growing tourism potential makes it an attractive prospect for both residential and commercial ventures. The boundaries are clearly defined, bordering properties of Bose Kumar and Thadom, ensuring clear title and easy demarcation. As a SARFAESI auction conducted by Canara Bank, this is a transparent process governed by specific regulations, offering a chance to invest in land with clear legal standing. We encourage prospective buyers to conduct thorough due diligence, inspect the property, and understand the auction terms before participating. This is an excellent chance for new buyers to enter the real estate market through a secure and regulated channel.