Property for Auction in Mellhonnakkal, Thiruvananthapuram, Kerala
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:610030
Bank Name:State Bank of India
Branch Name:Regional office
Reserve Price:₹14,29,000
EMD:₹1,42,900
Bid Increment:₹10,000
Service Provider:BAANKNET
Submission Date:11-11-2025 05:00 PM
Bid Start Date:2025-11-12
This auction features a prime Land and Building property located in the desirable Mellhonnakkal area of Thiruvananthapuram, Kerala. Situated in a well-connected locality, this asset category property offers excellent potential for residential development or investment. The property is being auctioned by the State Bank of India under SARFAESI regulations, presenting a unique opportunity for interested buyers. Don't miss this chance to acquire a valuable piece of real estate in a growing urban center.
State:Kerala
City:Thiruvananthapuram
Area:Mellhonnakkal
Asset Category:Residential
Full Address:Re Sy No: 198/8 of Melthonakkal Village, Thiruvananthapuram Taluk, Thiruvananthapuram District, Melthonakkal, Thiruvananthapuram
Size:5.358 ares
State Bank of India is conducting a SARFAESI auction for a Land and Building property in Mellhonnakkal, Thiruvananthapuram. The auction will commence on November 12, 2025, at 11:00 AM and conclude at 01:00 PM on the same day. The reserve price for this asset is INR 14,29,000, with an Earnest Money Deposit (EMD) of INR 1,42,900 required. This is a significant opportunity for investors and buyers looking to acquire a property in Kerala through a transparent auction process. All interested parties are encouraged to review the auction terms and conditions.
Borrower Name:M/s Kunnumpurathu Group of Business Pvt Ltd
Auction Type:SARFAESI Auction
Guarantor Names:Jayakumari
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Located in Melthonakkal, Thiruvananthapuram, this land and building presents a calculated opportunity due to its location and reserve price. The auction terms are standard, and further investigation into the local market is advisable. This property could be a good investment with careful consideration.
Branch:Branch Office : Regional office
Service Provider:BAANKNET
Contact Details:
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