Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.5
Auction ID:612512
Bank Name:DCB Bank
Branch Name:Lower Parel Mumbai
Reserve Price:₹30,00,000
EMD:₹3,00,000
Bid Increment:₹15,000
Auction Time:11.30 am-1.00 pm
Service Provider:bankauctions.in
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
This auction features a prime Land and Building property located in Kochi Taluk, Ernakulam, Kerala. Classified under the Residential asset category, this property offers a unique opportunity for investment or personal use in a sought-after area. The property is being auctioned by DCB Bank under the SARFAESI Act.
State:Kerala
City:Ernakulam
Area:Kochi Taluk
Asset Category:Residential
Full Address:12/261 & 12/261 A, Survey No 1478/2 of Kumbalangi Village, Kochi Taluk, Kochi Sub District, Ernakulam District along with a two floor residential building No. 12/261 & 12/261 A, Kumbalangi Village, Ernakulam
Size:1.29 Ares
Auction Description
DCB Bank presents a SARFAESI auction for a residential Land and Building property in Kochi Taluk, Ernakulam, Kerala. The auction will commence on November 25, 2025, at 11:30 AM and conclude at 01:00 PM on the same day. The reserve price is set at ₹30,00,000, with an EMD of ₹3,00,000. This is a significant opportunity to acquire property in Ernakulam.
Borrower Name:Mr Kunjumon Joseph
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Mary Sindhu
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property's location in Kochi, a growing urban center, combined with the physical possession status and clear boundaries, makes it a strong investment. While the reserve price is relatively high, the potential for appreciation and the residential building included provide good value. This is a recommended purchase for investors seeking property in Kerala.
Contact Details
Branch:Branch Office : Lower Parel Mumbai
Service Provider:bankauctions.in
Contact Details:
Madhu Upendran
Contact no:9447320908
