Land And Building for auction Vaikom Kottayam 19 lakh Punjab National Bank

This offering presents a unique opportunity to acquire land and a building in Vaikom, Kottayam, Kerala, under a SARFAESI auction conducted by Punjab National Bank. The asset category is residential, making it suitable for various personal or investment purposes. The property is situated in a well-recognized area, offering potential for development or immediate use. This is a prime location within Kottayam, known for its scenic beauty and growing infrastructure.

Punjab National Bank is holding a SARFAESI auction for a valuable land and building asset located in Vaikom, Kottayam, Kerala. The auction's reserve price is set at INR 19,24,000, with an Earnest Money Deposit (EMD) of INR 1,93,000 required to participate. The bidding process will commence on November 17, 2025, at 10:30 AM and conclude at 5:00 PM on the same day. This is a direct opportunity to own a property through a transparent auction process facilitated by the bank.

The property in Vaikom, Kottayam, presents a reasonable opportunity given its location and land size. The reserve price is moderate, making it an accessible entry point. However, further due diligence on local market trends and potential encumbrances is essential before making a bid.