Land And Building for auction Kattakkada Trivandrum 29 lakh State Bank of India

Property for Auction in Kattakkada, Trivandrum, Kerala

Recommendation
Calculated OpportunityScore: 6.8
Possession
Physical
Size
6.07 ares
Reserve Price
28,61,000
Reserve Price
28,61,000
EMD Required
2,86,100
Property Specifications
Size6.07 ares
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land And Building
Location IconLocation:
Kattakkada, Trivandrum
Auction Date IconAuction Date:
12-11-2025 11:00 AM

Auction Details

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

Important Dates

Submission Date:11-11-2025 05:00 PM

Bid Start Date:2025-11-12

Property Description

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

Auction Description

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

Legal Details

Possession Status:Physical

Encumbrance Details:Not Known to Bank

Why This Property

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.

Contact Details

Branch:Branch Office : Regional office

Service Provider:BAANKNET

Contact Details:

Authorized Officer

Contact no:04712318096

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