Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610374
Bank Name:Indian Bank
Branch Name:ZONAL OFFICE, ERNAKULAM
Reserve Price:₹20,60,000
EMD:₹2,60,000
Bid Increment:₹10,000
Auction Time:11.00 A.M to 04.00 P.M
Service Provider:ibapi.in
Important Dates
Submission Date:18-11-2025 05:00 PM
Bid Start Date:2025-11-19
Property Description
This is a residential house located in Kunnathunad Taluk, Ernakulam, Kerala. The property is being auctioned by Indian Bank under SARFAESI regulations. It is an excellent opportunity to acquire a home in a well-established area.
State:Kerala
City:Ernakulam
Area:Kunnathunad Taluk
Asset Category:Residential
Full Address:Re Sy No. 106/14/1 of Pattimattam village, Kunnathunadu Taluk, Puthencruz SRO, Emakulam District, Kerala State, Pattimattam village, Ernakulam
Size:1.65 Ares
Auction Description
Indian Bank is conducting a SARFAESI auction for a residential house in Kunnathunad Taluk, Ernakulam, Kerala. The auction will take place on November 19, 2025, from 11:00 AM to 04:00 PM. The reserve price is ₹20,60,000, with an Earnest Money Deposit (EMD) of ₹2,60,000. This is a prime opportunity for interested buyers to participate in the bidding process.
Borrower Name:Mr.Rajesh Rajan
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Priya Rejikumar
Legal Details
Possession Status:Physical
Encumbrance Details:Nil as per Bank's record
Why This Property
Located in Kunnathunad Taluk, Ernakulam, this residential house presents a calculated opportunity due to its size and location. While the reserve price is reasonable, further due diligence is recommended to assess market value and potential returns. The auction terms are standard, warranting a balanced approach for prospective buyers.
Contact Details
Branch:Branch Office : ZONAL OFFICE, ERNAKULAM
Service Provider:ibapi.in
Contact Details:
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