Land And Building for auction Aroor Village Cherthala 13 lakh Punjab National Bank

This is a bank auction by Punjab National Bank for a Land and Building property in Cherthala, Alappuzha, Kerala. Previously owned by Sri. Suvina Kumar V V, this residential asset is being sold under the SARFAESI Act. The property is located in the vibrant city of Alappuzha, known for its scenic backwaters and cultural heritage. Cherthala offers a blend of urban amenities and rural tranquility, making it a desirable location. This is a unique opportunity to acquire a property in a prime area of Kerala.

Punjab National Bank presents a SARFAESI auction for a Land and Building property in Cherthala, Alappuzha, Kerala. The auction will commence on November 17, 2025, at 10:30 AM and conclude at 05:00 PM on the same day. The reserve price for this residential asset is INR 12,60,000, with an Earnest Money Deposit (EMD) of INR 1,26,000. This is a prime opportunity for interested buyers to participate in a transparent and efficient auction process to acquire a valuable property in Alappuzha.

The property's location in Cherthala and the presence of a building on the land increase its potential value. The reserve price seems reasonable, offering a potential investment opportunity, but requires careful evaluation of the property's condition and local market trends.