Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609606
Bank Name:South Indian Bank
Branch Name:REGIONAL OFFICE, ERNAKULAM
Reserve Price:₹11,43,52,000
EMD:₹1,14,35,200
Bid Increment:₹10,000
Auction Time:11:00 AM to 12:00 PM
Service Provider:bankauctions.in
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
A valuable land and building asset located in Muvattupuzha, Ernakulam, Kerala. This residential property is being auctioned by South Indian Bank as part of a SARFAESI action. It presents a significant opportunity for investment or development in a prominent area. The property is situated in a well-connected region of Ernakulam district.
State:Kerala
City:Ernakulam
Area:Muvattupuzha
Asset Category:Residential
Full Address:6/166, 166A-D, Door Nos. 6/166, 166A-D, Piravom Village, Muvattupuzha Taluk, Ernakulam District, Piravom Village, Ernakulam
Size:40.38 Ares
Auction Description
South Indian Bank is conducting a SARFAESI auction for a land and building property in Muvattupuzha, Ernakulam, Kerala. The auction will take place on November 25, 2025, from 11:00 AM to 12:00 PM. The reserve price is set at 11,43,52,000 INR, with an Earnest Money Deposit (EMD) of 1,14,35,200 INR. This is a unique chance to acquire a substantial asset through a transparent auction process.
Borrower Name:Mr Binoy Paulose
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Sairah Binoy, Mr. Chacko Poulose
Legal Details
Possession Status:Physical
Encumbrance Details:No Encumbrances from 01.01.2000 to 24.10.2025.
Why This Property
The property, a land and building with a theatre, presents a calculated investment opportunity in Ernakulam. While the location is promising, the unique nature of the property may require careful consideration of its potential uses and market demand. The reserve price and EMD are significant, indicating a substantial investment.
Contact Details
Branch:Branch Office : REGIONAL OFFICE, ERNAKULAM
Service Provider:bankauctions.in
Contact Details:
Contact no:9597493136/9048044474/7012941629
