Representative illustration — Land And Building bank auction in Thirumarady
Representative illustration — not the actual property photograph.
Land And Building Residential Physical possession Strong Buy

Land and Building for Auction Thirumarady Ernakulam 50.7 Lakh by South Indian Bank

Thirumarady, Ernakulam

Area: 21.04 Ares

Thirumarady Village, Muvattupuzha Taluk, Ernakulam District

South Indian Bank · Regional Office

Reserve price

₹50,72,400

EMD ₹5,07,240

Auction date

17 Oct 2026, 10:00 AM

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Quick read

  • Possession: Physical
  • Area: 21.04 Ares
  • Locality: Thirumarady
  • Reserve: ₹50,72,400
  • EMD: ₹5,07,240

Auction snapshot

PossessionPhysical
Property typeLand And Building · Residential
LocalityThirumarady
Built-up / plot area21.04 Ares
LenderSouth Indian Bank
BranchRegional Office
Auction typeSARFAESI Auction
Bid increment₹10,000
Service providerbankauctions.in

About this property

Land And Building bank auction in Thirumarady, Ernakulam by South Indian Bank — reserve price ₹50,72,400, 21.04 Ares, Physical possession.

Participate in the bank auction property sale featuring a land and building measuring 21.04 Ares located in Thirumarady, Muvattupuzha, Ernakulam. This property, owned by Mrs. Jessy Joseph, is being auctioned by South Indian Bank on an 'as is where is' basis. With a reserve price of ₹50,72,400, this auction presents a significant investment opportunity in the Ernakulam district. The property includes land under Sy No. 413/5A-2 & 413/5B-3 and associated building constructions. Interested bidders must submit their EMD by 16-10-2026. This commercial/land asset is well-located and free of bank-known encumbrances for the specified period. Ensure you visit the official South Indian Bank website for detailed terms and conditions regarding this lucrative bank auction in Kerala.

GeoSquare note: The property offers a good land area of 21.04 Ares in a well-identified location in Muvattupuzha with physical possession held by the bank, which significantly reduces acquisition risks. The reserve price is competitive, and the clear encumbrance status adds to the security of the investment, making it a strong candidate for potential buyers.

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