Land And Building for auction Melthonakkal Thiruvananthapuram 6 lakh SBI

State Bank of India presents a compelling opportunity to acquire a Land and Building asset in the serene locality of Mellhonnakkal, Thiruvananthapuram, Kerala. This residential property, formerly owned by M/s Kunnumpurathu Group of Business Pvt Ltd, offers a unique chance for investment or personal use. The property is situated in a well-connected area, promising convenience and accessibility.

State Bank of India invites bids for the SARFAESI auction of 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 is set at ₹610,000.0, with an Earnest Money Deposit (EMD) of ₹61,000.0 required to participate. This is a significant opportunity to acquire a valuable asset through a transparent auction process.

The property represents a calculated opportunity due to its location in Thiruvananthapuram and the relatively low reserve price. However, the auction terms and potential encumbrances need careful consideration. The land and building type offers potential for various developments, but due diligence is essential before bidding.