Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612988
Bank Name:KADUTHURUTHY URBAN CO-OPERATIVE BANK LTD
Branch Name:Head Office : Kaduuthuruthy
Reserve Price:₹42,50,000
EMD:₹4,25,000
Auction Time:After 2 pm
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-25
Bid Start Date:2025-11-25
Property Description
This offering features a residential land and building located in Vaikom, Kottayam, Kerala. Ideal for those seeking a property in a well-established area, this asset presents a unique opportunity for investment or personal use. The property is situated in a region known for its scenic beauty and developing infrastructure. Don't miss the chance to acquire this valuable real estate.
State:Kerala
City:Kottayam
Area:Vaikom
Asset Category:Residential
Full Address:Sy. No.487/15 at Manjoor village, Vaikom Taluk, Kottayam District, Manjoor village, Kottayam
Size:14.75 Cents
Auction Description
KADUTHURUTHY URBAN CO-OPERATIVE BANK LTD is conducting a SARFAESI auction for a residential land and building in Vaikom, Kottayam. The auction will commence on 26-11-2025 at 11:00 AM and conclude at 01:00 PM on the same day. The reserve price is set at ₹42,50,000, with an Earnest Money Deposit (EMD) of ₹4,25,000 required. This is a prime opportunity to own a property through a transparent auction process.
Borrower Name:Minimol Lukose
Auction Type:SARFAESI Auction
Guarantor Names:Lukose Mathew
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property presents a calculated opportunity due to its land and building nature in Vaikom. The reserve price is reasonable, but potential investors should carefully assess the location and building condition before bidding. The auction terms are standard, offering a balanced risk-reward scenario.
Contact Details
Branch:Branch Office : Head Office : Kaduuthuruthy
Service Provider:Public Auction
Contact Details:
Contact no: —
