Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614618
Bank Name:Kerala Gramin Bank
Branch Name:Regional Office
Reserve Price:₹76,50,000
EMD:₹7,65,000
Service Provider:Public Auction
Important Dates
Submission Date:2025-12-08
Bid Start Date:2025-12-10
Property Description
This SARFAESI auction by Kerala Gramin Bank presents a valuable opportunity to acquire a Land and Building property in the prime area of Aluva, Ernakulam, Kerala. The property is situated in a well-connected and sought-after location, ideal for residential purposes. This is a direct auction from the bank, offering a transparent and secure transaction process. Don't miss this chance to own a property in a developing region of Kerala.
State:Kerala
City:Ernakulam
Area:Aluva
Asset Category:Residential
Full Address:Chovvaran House, Chovvaran House, Kalady PO, Emakulam Dist, Kalady, Ernakulam
Building/Society:Chovvaran House
Size:4.86 Ares
Auction Description
Kerala Gramin Bank is conducting an online SARFAESI auction for a Land and Building property located in Aluva, Ernakulam, Kerala. The auction will take place on December 10, 2025, from 11:00 AM to 01:00 PM. The reserve price is set at ₹76,50,000, with an Earnest Money Deposit (EMD) of ₹7,65,000 required to participate. This is an excellent opportunity for prospective buyers to acquire a residential asset directly from the bank.
Borrower Name:Sri. Basil CO
Auction Type:SARFAESI Auction
Guarantor Names:Smt. Mini Basil
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land and building in a developing area of Ernakulam. The reserve price is reasonable. However, further due diligence is needed to assess the property's full potential and market value before considering a bid.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:Public Auction
Contact Details:
Ratheesh K S
Contact no:9400999027
