Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611813
Bank Name:Indian Bank
Branch Name:Zonal Office
Reserve Price:₹10,00,000
EMD:₹1,00,000
Auction Time:11:00 AM TO 05:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:09-12-2025 05:00 PM
Bid Start Date:2025-12-10
Property Description
This auction features a residential land and building property located in Puduperiyaram, Palakkad, Kerala. The property is being auctioned by Indian Bank under SARFAESI regulations. It presents a unique opportunity for buyers seeking a residential asset in this region.
State:Kerala
City:Palakkad
Area:Puduperiyaram
Asset Category:Residential
Full Address:Resy no 157/10, 6 (old sy no 110/3, 18/5) Block no 21 Pudupariyaram I village (Vallicode Pirayiri), Puduperiyaram, Palakkad
Size:5.28 cents
Auction Description
Indian Bank is conducting a SARFAESI auction for a residential land and building in Puduperiyaram, Palakkad, Kerala. The auction will take place on 10-12-2025, commencing at 11:00 AM and concluding at 05:00 PM on the same day. The reserve price for this property is INR 1,000,000.0, with an Earnest Money Deposit (EMD) of INR 100,000.0 required to participate. This is a direct opportunity to acquire a property from a leading bank.
Borrower Name:Mr. Janardhanan NP
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Girija K
Legal Details
Encumbrance Details:Nil as per Bank record
Why This Property
The property is a Land and Building in a developing area of Palakkad. The reserve price seems reasonable. However, further due diligence is required to assess market value and potential risks.
Contact Details
Branch:Branch Office : Zonal Office
Service Provider:BAANKNET
Contact Details:
Contact no:8291220220
