Land And Building for auction Pulpetta Malappuram 44 lakh Indian Overseas Bank

Property for Auction in Ernad, Malappuram, Kerala

Recommendation
Calculated OpportunityScore: 6.5
Possession
Symbolic
Size
6.85 ares
Reserve Price
43,94,000
Reserve Price
43,94,000
EMD Required
4,39,400
Property Specifications
Size6.85 ares
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land And Building
Location IconLocation:
Ernad, Malappuram
Auction Date IconAuction Date:
11-11-2025 10:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.5

Auction ID:609165

Bank Name:Indian Overseas Bank

Branch Name:Regional Office

Reserve Price:43,94,000

EMD:4,39,400

Bid Increment:25,000

Auction Time:10 AM to 4 PM

Service Provider:BAANKNET

Important Dates

Submission Date:10-11-2025 05:00 PM

Bid Start Date:2025-11-11

Property Description

A valuable Land and Building property located in Ernad, Malappuram, Kerala, offered for auction by Indian Overseas Bank. This residential asset presents a great opportunity for investment or ownership in a prime location. The property is being auctioned under SARFAESI Act. **Key Details:** * **Property Type:** Land and Building * **Category:** Residential * **Location:** Ernad, Malappuram, Kerala * **Reserve Price:** INR 43,94,000 * **EMD:** INR 4,39,400

State:Kerala

City:Malappuram

Area:Ernad

Asset Category:Residential

Full Address:Re Sy. No. 159/10, Pulpetta Village, Ernad Taluk, Malappuram District, Pulpetta, Malappuram

Size:6.85 ares

Auction Description

Indian Overseas Bank presents a SARFAESI auction for a Land and Building property in Ernad, Malappuram, Kerala. This is a fantastic opportunity to acquire a residential asset formerly associated with Mr. N. Sasidharan. **Auction Schedule:** * **Date:** November 11, 2025 * **Time:** 10:00 AM to 4:00 PM **Financials:** * **Reserve Price:** INR 43,94,000 * **Earnest Money Deposit (EMD):** INR 4,39,400 Secure your bid for this promising property.

Borrower Name:Mr. N. Sasidharan

Auction Type:SARFAESI Auction

Guarantor Names:Mrs. C.A. Suganthi

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

The property is a residential land and building in a developing area of Kerala. The reserve price seems reasonable, but potential buyers should conduct thorough due diligence on local market conditions and property valuation. It's a calculated opportunity with moderate risk.

Contact Details

Branch:Branch Office : Regional Office

Service Provider:BAANKNET

Contact Details:

Authorised Officer

Contact no: —

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