Land And Building for auction Nattakom Village Kottayam 85 lakh City Union Bank Limited

Property for Auction in Natakom, Kottayam, Kerala

Recommendation
Calculated OpportunityScore: 6.8
Size
12.53 Ares
Reserve Price
85,00,000
Reserve Price
85,00,000
EMD Required
8,50,000
Property Specifications
Size12.53 Ares
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land And Building
Location IconLocation:
Natakom, Kottayam
Auction Date IconAuction Date:
24-11-2025 01:00 PM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:612600

Bank Name:City Union Bank

Branch Name:Credit Recovery and Management Department

Reserve Price:85,00,000

EMD:8,50,000

Auction Time:01.00 p.m.

Service Provider:Public Auction

Important Dates

Submission Date:24-11-2025 12:00 PM

Bid Start Date:2025-11-24

Property Description

City Union Bank presents an exciting opportunity to acquire a prime Land and Building property in Natakom, Kottayam, Kerala. This residential asset, previously owned by M/s. Sharon Polymers, is being auctioned under the SARFAESI Act. The property offers a substantial land area with an existing building, ideal for residential use or potential development. Located in the well-connected area of Natakom, Kottayam, it provides a great living environment and investment prospect. Seize this chance to own a valuable piece of real estate in a growing region.

State:Kerala

City:Kottayam

Area:Natakom

Asset Category:Residential

Full Address:Re. Sy No. 613/4 (Old Sy No. 347/5A), Nattakom Village, Kottayam

Size:12.53 Ares

Auction Description

City Union Bank is conducting a SARFAESI auction for a Land and Building property in Natakom, Kottayam, Kerala. The auction will take place on November 24, 2025, from 01:00 PM to 02:00 PM. The reserve price for this valuable asset is INR 85,00,000, with an Earnest Money Deposit (EMD) of INR 8,50,000 required to participate. This is a unique opportunity to bid on a residential property previously associated with M/s. Sharon Polymers. Don't miss out on acquiring this property in a sought-after location.

Borrower Name:M/s. Sharon Polymers

Auction Type:SARFAESI Auction

Guarantor Names:Mr. Sunny Kuriakose, Mr. Elveis Sunny, Mrs. Manju Sunny, Mrs. Renju Shaji, M/s. Sharon Reclamations

Legal Details

Encumbrance Details:Not Known to Bank

Why This Property

The property, a land and building in Nattakom, Kottayam, presents a moderate investment opportunity. The reserve price seems reasonable for the area, but potential buyers should conduct thorough due diligence. Auction terms are standard, and the location offers potential for future appreciation.

Contact Details

Branch:Branch Office : Credit Recovery and Management Department

Service Provider:Public Auction

Contact Details:

Contact no:0481-2300580

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