Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609340
Bank Name:Indian Bank
Branch Name:ZONAL OFFICE, ERNAKULAM
Reserve Price:₹27,00,000
EMD:₹2,70,000
Bid Increment:₹10,000
Auction Time:11.00 AM to 04.00 P.M
Service Provider:BAANKNET
Important Dates
Submission Date:18-11-2025 05:00 PM
Bid Start Date:2025-11-19
Property Description
This is a SARFAESI auction for a residential land and building property located in Kanayannur Taluk, Ernakulam, Kerala. The property was formerly owned by the late Shri. Jyothish TR. It is being auctioned by Indian Bank. The property type is land and building, suitable for residential use.
State:Kerala
City:Ernakulam
Area:Kanayannur Taluk
Asset Category:Residential
Full Address:423, building no 423 ward no 21 Thekkumbhagam Village, Thekkumbhagam Village, Ernakulam
Size:1.21 ares
Auction Description
Indian Bank is conducting a SARFAESI auction for a land and building property in Ernakulam, Kerala. The auction will take place on November 19, 2025, starting at 11:00 AM and ending at 04:00 PM. The reserve price for this property is ₹27,00,000, with an Earnest Money Deposit (EMD) of ₹2,70,000 required to participate. This is an excellent opportunity to acquire a property in a desirable location.
Borrower Name:Late. Shri. Jyothish TR
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Jalaja Rajendran, Mrs. Jalaja Rajendran
Legal Details
Possession Status:Symbolic
Encumbrance Details:Nil as per Bank's record
Why This Property
This property offers a decent opportunity given its location in Ernakulam and the presence of a residential building. The reserve price seems reasonable, however, potential buyers should conduct a thorough due diligence. The auction terms are standard, making it a worthwhile, calculated investment.
Contact Details
Branch:Branch Office : ZONAL OFFICE, ERNAKULAM
Service Provider:BAANKNET
Contact Details:
Authorised Officer
Contact no: —
