Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.5
Auction ID:613616
Bank Name:Central Bank of India
Branch Name:KOCHI REGIONAL OFFICE
Reserve Price:₹17,32,000
EMD:₹1,73,000
Service Provider:BAANKNET
Important Dates
Submission Date:14-12-2025 05:00 PM
Bid Start Date:15-12-2025 10:00 AM
Property Description
This SARFAESI auction features a residential property comprising land and a building located in Ernad, Malappuram, Kerala. The property was formerly mortgaged by Mrs. Suseela N.P. to the Central Bank of India. It presents a unique opportunity for investment in a developing area.
State:Kerala
City:Malappuram
Area:Ernad
Asset Category:Residential
Full Address:Re Sy.no. 65/1in Thrikkalangode village, Emad Taluk, Manjeri Sub District, Malappuram District, Thrikkalangode village, Malappuram
Size:4.05 Ares
Auction Description
The Central Bank of India is conducting a SARFAESI auction for a land and building property in Ernad, Malappuram, Kerala. The auction will take place on December 15, 2025, starting at 10:00 AM and concluding at 06:00 PM on the same day. The reserve price is set at ₹17,32,000, with an Earnest Money Deposit (EMD) of ₹1,73,000 required to participate. This is a prime opportunity to acquire a valuable asset through a public auction.
Borrower Name:Mrs. Suseela N.P
Auction Type:SARFAESI Auction
Why This Property
The property, a land and building in Ernad, Malappuram, offers a calculated opportunity due to its location and reserve price. While not a prime investment, the relatively low price and potential for development make it worth considering. Further due diligence is necessary to assess its true market value and encumbrances.
Contact Details
Branch:Branch Office : KOCHI REGIONAL OFFICE
Service Provider:BAANKNET
Contact Details:
Contact no: —
