Property for Auction in Kattakkada, Trivandrum, Kerala
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:605047
Bank Name:Punjab & Sind Bank
Branch Name:Branch Office:Thiruvananthapuram
Reserve Price:₹70,00,000
EMD:₹7,00,000
Bid Increment:₹50,000
Auction Time:11:00 AM to 4:00 PM
Service Provider:BAANKNET
Submission Date:2025-10-29
Bid Start Date:2025-10-31
This SARFAESI auction features a residential land and building located in Kattakkada, Trivandrum, Kerala. The property is owned by Mr. Anilkumar M and is being auctioned by Punjab & Sind Bank. Ideal for residential use, this asset presents a valuable opportunity in a prominent location.
State:Kerala
City:Trivandrum
Area:Kattakkada
Asset Category:Residential
Full Address:Re. Sy. No. 595/8 in Vilavoorkal Village in Kattakada Taluk, Trivandrum District, Kattakkada, Trivandrum
Size:11.65 Ares
Punjab & Sind Bank is conducting a SARFAESI auction for a land and building property in Kattakkada, Trivandrum, Kerala. The auction begins on 31-10-2025 at 11:00 AM and concludes on the same day at 04:00 PM. The reserve price is set at ₹70,00,000, with an Earnest Money Deposit (EMD) of ₹7,00,000 required. This is a significant opportunity for prospective buyers.
Borrower Name:Mr. Anilkumar M
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Sindhu V
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
The property represents a calculated opportunity due to its land and building nature in Kattakkada, Trivandrum. The reserve price seems reasonable, but potential buyers should thoroughly investigate the property's condition and local market trends before bidding. The symbolic possession status adds an element of risk.
Branch:Branch Office : Branch Office:Thiruvananthapuram
Service Provider:BAANKNET
Contact Details:
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