Property for Auction in Kattakkada, Trivandrum, Kerala
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609999
Bank Name:State Bank of India
Branch Name:Regional office
Reserve Price:₹28,61,000
EMD:₹2,86,100
Bid Increment:₹20,000
Service Provider:BAANKNET
Submission Date:11-11-2025 05:00 PM
Bid Start Date:2025-11-12
This offering presents a prime opportunity to acquire a Land and Building asset located in Kattakkada, Trivandrum, Kerala. Situated in a developing area, this property holds potential for residential use or investment. Its strategic location within Trivandrum offers convenient access to local amenities and transportation networks. The property is part of a SARFAESI auction conducted by the State Bank of India, presenting a unique chance for prospective buyers.
State:Kerala
City:Trivandrum
Area:Kattakkada
Asset Category:Residential
Full Address:Veerankavu Village, Kattakkada Taluk, Trivandrum district, Kattakkada, Trivandrum
Size:6.07 ares
The State Bank of India is conducting an online SARFAESI auction for a Land and Building property in Kattakkada, Trivandrum, Kerala. The auction will commence on November 12, 2025, at 11:00 AM and conclude at 01:00 PM on the same day. The reserve price for this asset is set at INR 2,861,000, with an Earnest Money Deposit (EMD) of INR 286,100 required to participate. This auction is an excellent opportunity for individuals and investors looking to acquire property in the Trivandrum region.
Borrower Name:Shri. Prakash V.S.
Auction Type:SARFAESI Auction
Guarantor Names:Shri. Pradeep Kumar V., Smt. R. Santha Kumari
Possession Status:Physical
Encumbrance Details:Not Known to Bank
The property, a land and building in Kattakkada, offers potential at its reserve price. While the location is not prime, the size and clear title make it a calculated risk. Auction terms appear standard, justifying a 'Calculated Opportunity' recommendation.
Branch:Branch Office : Regional office
Service Provider:BAANKNET
Contact Details:
Authorized Officer
Contact no:04712318096