Land for auction 22.50 Cents Kasaragod by Tamilnad Mercantile Bank

A parcel of land located in Vellarikundu, Kasaragod district, Kerala. This residential property is being auctioned by Tamilnad Mercantile Bank Limited under the SARFAESI Act. The land offers a potential for residential development or investment. The property is situated in a developing area within Kerala. Further details regarding the specific dimensions and boundaries of the land parcel can be obtained from the bank.

Tamilnad Mercantile Bank Limited presents a SARFAESI auction for land in Vellarikundu, Kasaragod, Kerala. This is a prime opportunity to acquire a residential land asset. The reserve price is ₹77,42,000, with an Earnest Money Deposit (EMD) of ₹7,74,200 required. The auction will take place on August 30, 2025, from 3:00 PM to 4:00 PM. This auction pertains to the property associated with the borrower M/s. EMA Silks.