1,973 sq feet House for Auction in Thovalai, Nagercoil, Nagercoil – BOB

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

1,973 sq feet (≈ 1,973 sq ft)

Reserve price / sq ft

₹1,743

Locality

Thovalai, Nagercoil

City

Nagercoil

State

Tamil Nadu

Pincode

629305

Address

Thovalai, Nagercoil, Tamil Nadu, 629305 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Bank of Baroda

Branch

REGIONAL SARB, MADURAI - 6028

Auction type

SARFAESI Auction

Borrower

Premkumar

Auction start

17 Oct 2026, 02:00 PM

Auction end

17 Oct 2026, 06:00 PM

EMD submission deadline

17 Oct 2026, 06:00 PM

Inspection

15 Oct 2026, 10:00 AM – 15 Oct 2026, 04:00 PM

Authorised officer

L. Parthasarathi

Officer contact

9790247824

E-auction portal

BAANKNET (Property ID BARB602820260004)

Price Check

This listing's reserve price works out to ₹1,743 per sq ft. The average across residential bank auctions in Nagercoil on our site is ₹2,757 per sq ft, so this one is 37% 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 15 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID BARB602820260004)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 17 Oct 2026, 06:00 PM. It is refunded if you don't win.
5. Bid online on 17 Oct 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.