Property for Auction in Natakom, Kottayam, Kerala
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
Submission Date:24-11-2025 12:00 PM
Bid Start Date:2025-11-24
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
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
Encumbrance Details:Not Known to Bank
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.
Branch:Branch Office : Credit Recovery and Management Department
Service Provider:Public Auction
Contact Details:
Contact no:0481-2300580