Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610342
Bank Name:South Indian Bank
Branch Name:REGIONAL OFFICE : COIMBATORE
Reserve Price:₹1,03,68,000
EMD:₹10,36,800
Bid Increment:₹20,000
Auction Time:11:30 A. M. to 12.30 P. M.
Service Provider:bankauctions.in
Important Dates
Submission Date:2025-11-27
Bid Start Date:2025-11-28
Property Description
This is a SARFAESI auction by South Indian Bank for a residential land and building property located in Nemam, Thiruvananthapuram, Kerala. The property belongs to Mr. Vinil John. The reserve price is ₹1,03,68,000, with an Earnest Money Deposit (EMD) of ₹10,36,800. This is a prime opportunity to acquire a property in a well-known area of Thiruvananthapuram.
State:Kerala
City:Thiruvananthapuram
Area:Nemam
Asset Category:Residential
Full Address:Survey No. 209/5, Re-Sy.No. 377/8 & 377/9, Re.Sy. Block No. 26, Nemom Village, Thiruvananthapuram Taluk, Nemom Sub Registration District, Thiruvananthapuram District, Nemam, Thiruvananthapuram
Size:14.40 Cents
Auction Description
South Indian Bank is conducting an online SARFAESI auction for a land and building property. The auction will take place on November 28, 2025, starting at 11:30 AM and concluding at 12:30 PM. The reserve price is set at ₹1,03,68,000, and interested bidders must submit an EMD of ₹10,36,800. This is a single-day auction event, so mark your calendars for this opportunity in Nemam, Thiruvananthapuram.
Borrower Name:Mr. Vinil John
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Mishal Vinil, Mrs. Emily Dasan, Mr. Christopher Dasan, Mr. Alloshy Dasan, Mr. John Dasan, Legal Heirs of Late Michael Dasan
Legal Details
Possession Status:Physical
Encumbrance Details:Nil
Why This Property
The property is a land and building in a developing location, which may offer future potential. The reserve price seems reasonable; however, due diligence is recommended. Given the auction terms and location, this could be a calculated investment.
Contact Details
Branch:Branch Office : REGIONAL OFFICE : COIMBATORE
Service Provider:bankauctions.in
Contact Details:
Contact no:9443759259
