Land for auction 388 B Puthukulam Villa, Kalkulam, Kanyakumari by Canara Bank

Unlock a unique opportunity to secure a residential 'Land and Building' asset, perfectly situated in the tranquil yet accessible B Puthukulam Village, Thalakulam, within the thriving Kalkulam Taluk of Kanyakumari District, Tamil Nadu. Spanning a practical 3.375 Cents, this property offers an ideal canvas for aspiring homeowners looking to build their dream residence or for shrewd investors seeking a valuable addition to their portfolio. Its defined boundaries, clearly delineated by neighboring properties to the North, South, East, and West, provide clarity and ease of planning. Kanyakumari is rapidly emerging as a region with burgeoning infrastructure and a serene environment, presenting significant potential for property value appreciation. This well-located plot, suitable for immediate development, allows new buyers to establish roots in a promising area, blending the peace of village life with convenient access to district amenities, making it an attractive prospect for long-term growth and comfortable living.

Prospective buyers are invited to participate in a meticulously organized SARFAESI auction conducted by Canara Bank, offering a transparent and secure pathway to property ownership. This e-auction is scheduled to commence on July 23, 2025, at 12:00 PM and conclude by 01:00 PM on the same day. A crucial aspect for participation is the submission of applications by July 22, 2025, 04:00 PM. The property carries a competitive Reserve Price of Rs. 7,00,000.00, requiring an Earnest Money Deposit (EMD) of Rs. 70,000.00 to qualify as a bidder. This EMD is a prerequisite for bidding and demonstrates genuine interest. We strongly advise all interested parties to conduct thorough due diligence, including property inspection and legal verification, prior to the auction. For detailed inquiries and assistance, please contact the Canara Bank Regional Office, Tirunelveli, at 04622555083. This structured process through BAANKNET ensures a fair and accessible bidding experience for all.