Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609880
Bank Name:ICICI Bank
Branch Name:Branch Office : Cochin
Reserve Price:₹1,00,00,000
EMD:₹10,00,000
Auction Time:10:30 AM to 11:30 AM
Service Provider:matex.net
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
This residential property is a house located in Kottarakkara, Kollam, Kerala. It is being auctioned by ICICI Bank under SARFAESI Act. The property is owned by Mr. Suresh Kumar VJ. Ideal for individuals or families seeking a home in a well-established area.
State:Kerala
City:Kollam
Area:Kottarakkara
Asset Category:Residential
Full Address:Re Survey No.211/14/ Neduvathoor Village, Kottarakkara Taluk, Kollam District, Neduvathoor Village, Kollam
Size:724 Sq Ft
Auction Description
ICICI Bank is conducting a SARFAESI auction for a residential house in Kottarakkara, Kollam, Kerala. The auction will commence on November 25, 2025, at 10:30 AM and conclude at 11:30 AM on the same day. The reserve price is set at INR 10,000,000, with an Earnest Money Deposit (EMD) of INR 1,000,000 required to participate. This is a significant opportunity to acquire a property through a transparent banking auction process.
Borrower Name:Mr. Suresh Kumar VJ
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Deepthi Karun
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a decent residential opportunity in Kottarakkara, Kerala. The reserve price, while significant, may offer value depending on local market conditions. Given the location and auction terms, a calculated approach to bidding is advised.
Contact Details
Branch:Branch Office : Branch Office : Cochin
Service Provider:matex.net
Contact Details:
Contact no:9655225532/8138023587
