Land And Building for auction Vazhoor Kottayam 32 lakh Central Bank of India

This auction features a land and building property located in Vazhoor, Kottayam, Kerala. The asset, previously owned by Mr. Abdul Razak P A, falls under the residential category. The property is being auctioned by the Central Bank of India under the SARFAESI Act. It presents an opportunity to acquire real estate in a well-known location within Kottayam. Further details on the specific dimensions and condition of the land and building can be obtained from the bank.

Central Bank of India is conducting a SARFAESI auction for a residential land and building property in Vazhoor, Kottayam, 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 for this auction is set at ₹3,230,000.0, with an Earnest Money Deposit (EMD) of ₹323,000.0 required to participate. This is a unique opportunity to bid on a property under the purview of the SARFAESI Act.

The property's location in Vazhoor, Kottayam, along with its residential building, suggests moderate investment potential. While the reserve price seems reasonable, further due diligence is needed to assess market value and potential returns. The auction terms warrant careful consideration before bidding.