Property for Auction in Ottapalam, Palakkad, Kerala
Auction ID:537757
Bank Name:Tata Capital Housing Finance Ltd
Branch Name:Registered Office : Mumbai
Reserve Price:₹55,00,000
EMD:₹5,50,000
Service Provider:drt.auctiontiger.net
Submission Date:28-07-2025 05:00 PM
Bid Start Date:29-07-2025 02:00 PM
Flat located in Ottapalam, Palakkad, Kerala. Extent of 06.07 Ares in Sy No. 100/1, with building bearing No. 8/1160. Includes 1/5 right over 03.84 Ares in SY no. 100/1. Boundaries: East: Property of Bava and Others, North: Pathway, West: Property of Afsath, South: Municipal Road.
State:Kerala
City:Palakkad
Area:Ottapalam
Asset Category:Residential
This is a SARFAESI auction for a flat in Ottapalam, Palakkad, Kerala, by Tata Capital Housing Finance Ltd. The property is located in Ottapalam-II Village, Taluk Ottapalam, with an extent of 06.07 Ares in Sy No. 100/1. The property includes building bearing No. 8/1160 and a 1/5 right over an extent of 03.84 Ares in SY no. 100/1. Boundaries are: East: Property of Bava and Others, North: Pathway, West: Property of Afsath, South: Municipal Road. The reserve price is 5500000.00 and the EMD is 550000.00. The auction is scheduled for July 29, 2025, from 2:00 PM to 3:00 PM. A legal case (SA.350/2022/SA/240/2021) filed by the borrower, Mr. Asharaf KK, is pending before DRT I, Ernakulam, with no stay order. Bidders are advised to conduct due diligence. The auction is subject to the outcome of the litigation. Contact details: 9160005011 / 01 / 09.
Borrower Name:Mr. Asharaf KK
Auction Type:SARFAESI Auction
Contact Mobile No : 9160005011 / 01 / 09