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House SARFAESI Auction Symbolic Possession

0.13 acres House for Sale (Bank Auction) in Nagercoil, Nagercoil – IOB

Nagercoil, Nagercoil, Tamil Nadu · Auction ID #53550

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House photo 1 House photo 2 House photo 3
Indicative Price ₹1,46,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date Not yet scheduled
EMD Last Date —
Area0.13 acres

Property Details

Property type
House (Residential)
Possession
Symbolic Possession
Area
0.13 acres (≈ 5,662 sq ft)
Reserve price / sq ft
₹2,578
Locality
Nagercoil
Pincode
629001
Address
Nagercoil, Tamil Nadu, 629001 View on map

Description (as per sale notice)

(a) All that part and parcel of 6.50 cents of land in R.S.No E11/7-2 located in Nagercoil North Village in the name of Smt.Fathima A. The property is Bounded by East: Property of R.S.No E11/7-3 North: Property in R.S.No E11/8-13 West: Property of Fathima A, Mohammed Farook and others South: Property of Mohammed Farook and others (b) All that part and parcel of 6 cents of land in R.S.No E11/7-2 located in Nagercoil North Village in the name of Smt.Fathima A. The property is Bounded by East: Property of Bushra A North: Property in R.S.No.E11/8-13 West: Property in R.S.No E 11/6-10 South: Property in R.S.No E 11/6-10, E11/6-12, E11/6-13 (c) All that part and parcel of Undivided 1/4th share on 3.394 cents land in R.S.No E11/7-2 located in Nagercoil North Village in the name of Smt.Fathima A The property is Bounded by East: Property of Mohammed Farook and others North:Property of Fathima A West: Property in R.S.No E 11/6-10 South: Road #Said above three 3 properties contain an old residential building.

BAANKNET Property ID: IOBASilverNager

Bank & Auction Details

Branch
ALWAYE ( ALUVA )-664
Auction type
SARFAESI Auction
Borrower
Silverstream P***** & C*****
Auction start
—
Auction end
—
EMD submission deadline
—
Inspection
—
Authorised officer
—
Officer contact
—

Price Check

This listing's reserve price works out to ₹2,578 per sq ft. The average across residential bank auctions in Nagercoil on our site is ₹2,757 per sq ft, so this one is 6% 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 IOBASilverNager)), 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.

Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Indian Overseas Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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