Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:609024
Bank Name:CSB Bank
Branch Name:(Registered Office: Thrissur)
Reserve Price:₹32,00,000
EMD:₹3,20,000
Auction Time:12:00 Noon
Service Provider:Public Auction
Important Dates
Submission Date:2025-12-01
Bid Start Date:2025-12-02
Property Description
CSB Bank presents a prime commercial property auction located in Thiruvananthapuram Taluk, Thiruvananthapuram, Kerala. This is an excellent opportunity to acquire a commercial asset in a key urban area. The property is offered under the SARFAESI Act, presenting a transparent and regulated auction process. Ideal for investment or business expansion.
State:Kerala
City:Thiruvananthapuram
Area:Thiruvananthapuram Taluk
Asset Category:Commercial
Full Address:Thiruvananthapuram Taluk, Thiruvananthapuram, Kerala, Thiruvananthapuram, Thiruvananthapuram
Auction Description
This SARFAESI auction by CSB Bank features a commercial property in Thiruvananthapuram, Kerala. The auction is scheduled for December 2, 2025, running from 12:00 PM to 5:00 PM. The reserve price is set at ₹32,00,000, with an Earnest Money Deposit (EMD) of ₹3,20,000 required. This is a fantastic opportunity for investors and businesses looking to acquire commercial real estate through a secured bank auction.
Borrower Name:M/s NCS Vastram LLP
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Raju George, Mrs. Grace George, Mr. Anson George, Mr. Allen George
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property, consisting of cloth items in Thiruvananthapuram, represents a calculated opportunity. While the asset type is unique, the location offers market access. The reserve price and EMD are reasonable, but potential buyers should carefully assess the market value and condition of the cloth items.
Contact Details
Branch:Branch Office : (Registered Office: Thrissur)
Service Provider:Public Auction
Contact Details:
Contact no:9037001183
