0.54 acres Land for Sale (Bank Auction) in Melavittan Village Tuticorin, Sankaraperi, Thoothukudi – Canara

Property Details

Property type

Land (Land & Agricultural)

Possession

Symbolic Possession

Area

0.54 acres (≈ 23,522 sq ft)

Reserve price / sq ft

₹316

Locality

Melavittan Village Tuticorin, Sankaraperi

City

Thoothukudi

State

Tamil Nadu

Pincode

628002

Address

MELAVITTAN VILLAGE TUTICORIN, Sankaraperi, Tamil Nadu, 628002 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

MADURAI SPECIALISED ARM BRANCH

Auction type

SARFAESI Auction

Borrower

ST J*** F***** S***** L**

Auction start

—

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

BAANKNET (Property ID CNRB26188430)

Price Check

This listing's reserve price works out to ₹316 per sq ft. The average across land & agricultural bank auctions in Thoothukudi on our site is ₹5,074 per sq ft, so this one is 94% below that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
2. Inspect the property on the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CNRB26188430)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before —. It is refunded if you don't win.
5. Bid online on — starting above the reserve price.
6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.