Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611655
Bank Name:Indian Bank
Branch Name:ZONAL OFFICE, KOZHIKODE
Reserve Price:₹15,00,000
EMD:₹1,50,000
Auction Time:11:00 AM TO 05:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:09-12-2025 05:00 PM
Bid Start Date:2025-12-10
Property Description
This is a SARFAESI auction for a residential land and building property located in Thamarassery, Kozhikode, Kerala. The property is associated with borrower Mr. Jinesh V M and is being auctioned by Indian Bank.
State:Kerala
City:Kozhikode
Area:Thamarassery
Asset Category:Residential
Full Address:Sy No.49/245 of Kodancherry Village, Thamarassery Taluk, Kozhikode District. -673580, Kodancherry, Kozhikode
Size:4.4112 Ares
Auction Description
Indian Bank is conducting a SARFAESI auction for a residential land and building property in Thamarassery, Kozhikode, Kerala. The auction will take place on December 10, 2025, starting at 11:00 AM and ending at 05:00 PM. The reserve price for this auction is ₹15,00,000, with an Earnest Money Deposit (EMD) of ₹1,50,000 required.
Borrower Name:Mr.Jinesh V M
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Jijimol Jinesh
Legal Details
Possession Status:Symbolic
Encumbrance Details:Nil as per Bank record
Why This Property
The property is a residential land and building in a developing locality of Kozhikode. The reserve price is relatively low, making it a potentially good investment. However, the exact condition of the building and local market conditions need to be assessed.
Contact Details
Branch:Branch Office : ZONAL OFFICE, KOZHIKODE
Service Provider:BAANKNET
Contact Details:
Authorised Officer
Contact no:8291220220
