Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612601
Bank Name:DCB Bank
Branch Name:Registred Office : Mumbai
Reserve Price:₹10,80,000
EMD:₹1,08,000
Bid Increment:₹10,000
Auction Time:11:30 am to 1:00 pm
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
This is a residential land and building property located in Kooroppada, Kottayam, Kerala. Situated in a developed area, it offers a prime opportunity for residential development or personal use. The property is part of a SARFAESI auction conducted by DCB Bank.
State:Kerala
City:Kottayam
Area:Kooroppada
Asset Category:Residential
Full Address:17/35A, Kottayam District, Pambady Subdistrict, Kottayam Taluk, Kooropada Village, Kooropada Grama Panchayath Limit, Re-Survey No: 13/4/2/1/3, Block No: 42, Survey No: 574/2G, Kooroppada, Kottayam
Size:2.02 Ares
Auction Description
DCB Bank is conducting a SARFAESI auction for a residential land and building in Kooroppada, Kottayam, Kerala. The auction is scheduled for November 25, 2025, from 11:30 AM to 1:00 PM. The reserve price for this property is INR 10,80,000, with an Earnest Money Deposit (EMD) of INR 1,08,000. This is a significant opportunity for prospective buyers to acquire a valuable asset in a desirable location.
Borrower Name:Mr. Binoy Thomas
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Ajimol Binoy
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is located in Kooroppada, Kottayam, offering a blend of land and building. The reserve price appears reasonable, suggesting a potentially good opportunity. However, prospective buyers should carefully evaluate the location and property details before bidding.
Contact Details
Branch:Branch Office : Registred Office : Mumbai
Service Provider:Public Auction
Contact Details:
Madhu Upendran
Contact no:9447320908
