Property for Auction in Ottapalam, Palakkad, Kerala
Auction ID:537948
Bank Name:South Indian Bank
Branch Name:Regional Office : Palakkad
Reserve Price:₹26,04,000
EMD:₹2,60,400
Service Provider:bankauctions.in
Submission Date:23-07-2025 05:00 PM
Bid Start Date:24-07-2025 10:30 AM
The property is a house located in Ottapalam, Palakkad, Kerala. It encompasses 4.84 Ares of land and features a building with a total plinth area of approximately 900 Sq.Ft. Additionally, there is a fabricated shed measuring about 220 Sq Ft, along with other constructions and appurtenant rights. The property is situated in Old Sy.No.255/11,255/12, Re.Sy.No.541/2.541/15 within Block No.83 of Ambalappara-II Village, Ottapalam Taluk, Palakkad District. It was formerly owned by Mr. Mohammed Ali K (now deceased and the property inherited by his legal heirs). The property boundaries are as follows: North - Property of Marakkar, East - Property of Marakkar and Gopi, South - Property of Thithumma, West - Panchayath Road. The property is associated with Registered Jenmam Assignment Deed No.3857/1997 dated 12.11.1997 and Registered Jenmam Assignment Deed No.3753/2000 dated 23.09.2000, both registered at the Sub Registrar Office, Ottapalam.
State:Kerala
City:Palakkad
Area:Ottapalam
Asset Category:Residential
This is a SARFAESI auction for a residential property, specifically a house, located in Ottapalam, Palakkad, Kerala. The property, previously owned by the late Mohammed Ali, has a total plinth area of approximately 900 Sq.Ft, along with a fabricated shed of about 220 Sq Ft. The auction is being conducted by South Indian Bank, with the service provider being bankauctions.in. The reserve price is ₹26,04,000.00 and the EMD is ₹2,60,400.00. The auction is scheduled for July 24, 2025, from 10:30 AM to 11:30 AM. The property is situated in Ambalappara-II Village, Ottapalam Taluk, Palakkad District, and is bounded by properties of Marakkar on the North and East, Thithumma on the South, and Panchayath Road on the West. Further details can be found in the registered Jenmam Assignment Deeds No. 3857/1997 and 3753/2000.
Borrower Name:Late Mohammed Ali
Auction Type:SARFAESI Auction
Contact the Authorized Officer : 8113883201, 0471-2469584