Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.5
Auction ID:609601
Bank Name:Federal Bank
Branch Name:LCRD/THIRUVANANTHAPURAM DIVISON
Reserve Price:₹1,86,30,000
EMD:₹18,63,000
Service Provider:Public Auction
Important Dates
Submission Date:16-11-2025 05:00 PM
Bid Start Date:2025-11-17
Property Description
A prime parcel of land with an existing building, situated in the well-connected area of Kazhakkoottam, Thiruvananthapuram, Kerala. This residential asset offers significant potential for various uses. Located in a developing region, it presents a compelling opportunity for investors and prospective homeowners. Proximity to essential amenities and transport links enhances its desirability.
State:Kerala
City:Thiruvananthapuram
Area:Kazhakkoottam
Asset Category:Residential
Full Address:TC 1/297(1), Re-Sy No. 295/2 (Old Sy No. K 280/2) in Block No.11 of Kazhakuttom Village, Thiruvananthapuram Taluk, Thiruvananthapuram District, Kerala State, Kazhakuttom, Thiruvananthapuram
Size:5.70 Ares
Auction Description
Federal Bank presents a SARFAESI auction for a Land and Building property in Kazhakkoottam, Thiruvananthapuram. The auction begins on November 17, 2025, at 11:00 AM and concludes at 01:00 PM on the same day. The reserve price is set at ₹1,86,30,000, with an Earnest Money Deposit (EMD) of ₹18,63,000 required. This is a unique chance to acquire a valuable asset through a transparent auction process. Interested parties are advised to review all auction terms and conditions.
Borrower Name:Susan Thomas
Auction Type:SARFAESI Auction
Guarantor Names:Francis Kurian
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property's location in Kazhakkoottam, a developing area in Thiruvananthapuram, combined with the land and building type, presents a solid investment opportunity. The reserve price appears reasonable, warranting a 'Strong Buy' recommendation for potential investors. Interested parties should conduct a thorough due diligence.
Contact Details
Branch:Branch Office : LCRD/THIRUVANANTHAPURAM DIVISON
Service Provider:Public Auction
Contact Details:
Assistant Vice President & Division Head
Contact no: —
