Land for auction B3 East Property of Vijayakumar Nursary Gar, Marthandam, Kanyakumari b...

Nestled in the thriving locale of Marthandam, Kanyakumari District, Tamil Nadu, this residential 'Land And Building' asset offers a unique investment prospect for new property buyers. The property spans a substantial 10.500 Cents, providing ample space for comfortable living or potential development. Identified by Door No. 17-9 within the Kuzhithurai Municipality Town Panchayat, and falling under RS No. B3/6-1 of Kuzhithurai Town, Vilavancode Taluk, its precise location ensures clear demarcation. Being situated in Marthandam, a bustling area known for its connectivity and amenities, the property benefits from a strategic position. The specified boundaries—North: Road, East: Property of Vijayakumar Nursary Garden, South: Pathway, West: Properties of Kumari Thankam and Sreekumar—provide crucial context for site assessment. This offering represents a valuable opportunity to acquire a well-located land parcel with an existing structure in a desirable residential zone through a bank auction, often at a competitive valuation.

This significant SARFAESI auction, conducted by Canara Bank's Regional Office in Tirunelveli through the service provider BAANKNET, presents a compelling opportunity for prospective buyers. The bidding for this 'Land And Building' asset is scheduled to commence on July 23, 2025, at 12:00 PM and conclude an hour later at 01:00 PM. A Reserve Price of INR 1,942,000.00 has been set, requiring an Earnest Money Deposit (EMD) of INR 194,200.00 to participate, which is typically 10% of the reserve price and is refundable if unsuccessful. Interested parties must submit their applications by July 22, 2025, 04:00 PM. It is highly recommended that all potential bidders conduct thorough due diligence, including physical inspection of the property and verification of all legal documents, as properties in bank auctions are typically sold on an 'as is, where is' basis. For any queries, the bank can be contacted at 04622555083.