Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.2
Auction ID:589075
Bank Name:Bank of India
Branch Name:Zonal Office: Ernakulam Zone
Reserve Price:₹4,63,50,000
EMD:₹46,35,000
Bid Increment:₹10,00,000
Auction Time:11.00 A.M to 5.00 P.M
Service Provider:BAANKNET
Important Dates
Submission Date:29-10-2025 05:00 PM
Bid Start Date:2025-10-30
Property Description
Bank of India presents a prime land and building asset in Kazhakkoottam, Thiruvananthapuram, Kerala. This residential property, previously owned by M/s. Concept Bikes, offers a significant opportunity in a sought-after location. The property is available through a SARFAESI auction, providing a direct pathway to ownership. Situated in the vibrant city of Thiruvananthapuram, this is an ideal investment for those looking to acquire valuable real estate in Kerala.
State:Kerala
City:Thiruvananthapuram
Area:Kazhakkoottam
Asset Category:Residential
Full Address:Old Sy No. K/717/8-1-1, Re Sy No. 40/2, Block No. 11 of Kazhakuttom Village & SRO, Kazhakuttom, Thiruvananthapuram
Size:7.60 Ares
Auction Description
Seize this opportunity at the Bank of India SARFAESI auction for a Land And Building property in Kazhakkoottam, Thiruvananthapuram. The auction, featuring a reserve price of ₹4,63,50,000 and an EMD of ₹46,35,000, will commence on October 30, 2025, at 11:00 AM and conclude at 5:00 PM on the same day. Don't miss this chance to bid on a valuable asset in Kerala.
Borrower Name:M/s. Concept Bikes
Auction Type:SARFAESI Auction
Guarantor Names:Mr.Abdul Latheef, Mr.Amanulla Mohamed Yousef
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
Located in Kazhakkoottam, this land and building presents a solid opportunity. The property's type, combined with the auction terms, suggests a promising investment with potential for appreciation. However, due diligence regarding the property's specifics is crucial.
Contact Details
Branch:Branch Office : Zonal Office: Ernakulam Zone
Service Provider:BAANKNET
Contact Details:
Authorized Officer
Contact no: —
