Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:610300
Bank Name:UCO Bank
Branch Name:Regional office
Reserve Price:₹1,74,50,000
EMD:₹17,45,000
Bid Increment:₹2,00,000
Auction Time:11:00 AM to 05:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-13
Bid Start Date:2025-11-14
Property Description
This SARFAESI auction property, situated in the scenic Varkala Taluk of Thiruvananthapuram, Kerala, features a Land and Building asset. Previously owned by Mrs. Asiya NY, this residential property offers a promising opportunity for investors or homebuyers in a sought-after location. The property is offered by UCO Bank.
State:Kerala
City:Thiruvananthapuram
Area:Varkala Taluk
Asset Category:Residential
Full Address:VMC XVIII/39 to 62, 64, 65, 66, Re Sy 8 (Old Sy no 2613 D-1) in block no 174 of Varkala village with a building bearing room numbers VMC XVIII/39 to 62, Shop rooms bearing numbers 64, 65 and 66, Varkala, Thiruvananthapuram
Size:3.08 ares square metre
Auction Description
UCO Bank is conducting a SARFAESI auction for a residential Land and Building property in Varkala Taluk, Thiruvananthapuram, Kerala. The auction is scheduled for November 14, 2025, running from 11:00 AM to 05:00 PM. The reserve price for this asset is ₹17,450,000, with an Earnest Money Deposit (EMD) of ₹1,745,000 required to participate. Don't miss this chance to acquire property in a prime location.
Borrower Name:Mrs. Asiya NY
Auction Type:SARFAESI Auction
Guarantor Names:ASIYA NY
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property's location in Varkala and mixed-use (land and building) offer potential. However, further due diligence is needed given the 'as is where is' basis and unknown encumbrances. The reserve price requires careful evaluation against market rates and potential rental income.
Contact Details
Branch:Branch Office : Regional office
Service Provider:BAANKNET
Contact Details:
Asst. General Manager
Contact no: —
