30 cent Commercial Building for Auction in Nagercoil – SIB

Property Details

Property type

Commercial Building (Commercial)

Possession

Not specified

Area

30 cent (≈ 13,068 sq ft)

Reserve price / sq ft

₹1,618

Locality

—

City

Nagercoil

State

Tamil Nadu

Address

Description of property: Item No.1:- All that piece and parcel 30 cents of land (26.50 Cents as prior title deeds) comprised in Re Survey No 721/7 and 721/8A1A (Old Sy No 4385,4286 and 4285) of Thiruvithancode Village, Kalkulam Taluk, Eranial Sub Registration District, Kanyakumari Registration District, Kanyakumari District, with a commercial building, having an approximate plinth area of 436.8 Sq Mts bearing No 17-115-1 and 17-115 J constructed thereon along with all other rights and improvements therein, owned by Mr Arun Ram TV and the property being more fully described in the settlement Deed No 4213/2012 dated 17.10.2012 of Eranial Sub Registry and having the following boundaries: East: Property of Aadhi Narayana Perumal, West: Property of Raja Gopalan and others, South: Channel Road, North: Monday Market Main Road View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

—

Auction type

SARFAESI Auction

Borrower

—

Auction start

03 Dec 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 472279

Price Check

This listing's reserve price works out to ₹1,618 per sq ft. The average across commercial bank auctions in Nagercoil on our site is ₹2,159 per sq ft, so this one is 25% 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 (AuctionTiger · Auction ID 472279), 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 3 Dec 2026 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.