Property for Auction in Pallipuram, Thiruvananthapuram, Kerala
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612592
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹33,00,000
EMD:₹3,30,000
Auction Time:11.30 AM to 12.30 PM
Service Provider:BAANKNET
Submission Date:2025-11-26
Bid Start Date:2025-11-29
This SARFAESI auction presents a valuable opportunity to acquire a Land and Building property in Pallipuram, Thiruvananthapuram, Kerala. Ideal for residential use, this asset is being auctioned by Canara Bank. The property is located in a well-established area, offering potential for both personal residence and investment. Detailed inspection and legal due diligence are recommended for prospective buyers.
State:Kerala
City:Thiruvananthapuram
Area:Pallipuram
Asset Category:Residential
Full Address:Re.Sy No 442/21, Pallipuram Village, Thiruvananthapuram, Pallipuram, Thiruvananthapuram
Size:01.21 Ares
Canara Bank is conducting a SARFAESI auction for a residential Land and Building property located in Pallipuram, Thiruvananthapuram, Kerala. The auction will take place on 29-11-2025, commencing at 11:30 AM and concluding at 12:30 PM. The reserve price is set at ₹3,300,000.00, with an Earnest Money Deposit (EMD) of ₹330,000.00 required to participate. This is a prime opportunity to bid on a property with clear title, facilitated by the bank's auction process.
Borrower Name:Shri. Vivek PS Kumar
Auction Type:SARFAESI Auction
Guarantor Names:Smt. Anuja S Nair, Smt. Sukanya Sudevan
Possession Status:Physical
Encumbrance Details:Nil to the knowledge of the Bank
The property is a land and building in Pallipuram, offered at a reasonable reserve price. While the location is specific, it offers potential for development or resale. The auction terms are standard, presenting a calculated risk for interested investors.
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Contact no:8301897149