Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609128
Bank Name:South Indian Bank
Branch Name:Regional Office
Reserve Price:₹1,48,50,000
EMD:₹14,85,000
Bid Increment:₹10,000
Auction Time:10:30 AM to 11:30 AM
Service Provider:bankauctions.in
Important Dates
Submission Date:2025-11-19
Bid Start Date:2025-11-20
Property Description
This SARFAESI auction presents a compelling opportunity to acquire land and a building in Iritty, Kannur, Kerala. Located in the vibrant state of Kerala, this residential property offers a promising investment or personal dwelling. The property is associated with Mr. Jose PS. Seize this chance to own a valuable asset in a sought-after location.
State:Kerala
City:Kannur
Area:Iritty
Asset Category:Residential
Full Address:Pro.Sy.2453/2 of Kottiyoor Village, Iritty Taluk, Kannur District, Kottiyoor, Kannur
Size:20.23 Ares
Auction Description
South Indian Bank is conducting a SARFAESI auction for a land and building property in Iritty, Kannur, Kerala. The auction will take place on November 20, 2025, from 10:30 AM to 11:30 AM. The reserve price is set at ₹1,48,50,000, with an Earnest Money Deposit (EMD) of ₹14,85,000. This is an excellent opportunity to participate in a bank auction and acquire a property under the SARFAESI Act.
Borrower Name:Mr. Jose PS
Auction Type:SARFAESI Auction
Guarantor Names:Mrs.Jincy Jose
Legal Details
Possession Status:Physical
Encumbrance Details:Encumbrances from 01.01.2018 to 05-02-2024 and it contains 4 encumbrance: 1.Attachment dated 29-01-2021 from Subordinate Judge, Thalassery, 2.Attachment dated 20-03-2021 from The munsif Court, Kuthuparamba, OS/146/2021, 3. Attachment dated 30-10-2021 from Munsif Court, Kuthuparamba, 4.Attachment dated 09-03-2023 from Family Court Thalassery IA02/2023 OP 172/2023.
Why This Property
Located in Iritty, Kannur, this land and building offer a calculated opportunity for investment. The property's reserve price and auction terms require careful evaluation, but the location's potential and property size contribute to its appeal.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:bankauctions.in
Contact Details:
Authorized Officer
Contact no:7306275760
