Property for Auction in thiruvallam, Thiruvananthapuram, Kerala
Auction ID:539077
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹1,48,00,000
EMD:₹14,80,000
Service Provider:BAANKNET
Submission Date:28-07-2025 05:00 PM
Bid Start Date:31-07-2025 11:30 AM
This offering is an ideal entry point for new buyers looking to engage with bank auctions, presenting a unique chance to acquire a property in Thiruvananthapuram, a key urban center in Kerala. The property comprises approximately 0.81 hectares (81 cents) of land with a building constructed thereon, situated in Thiruvallam. Its strategic location, with frontage on a main road to the west and defined boundaries with neighboring properties, suggests accessibility and a well-established neighborhood context. Thiruvananthapuram is known for its robust infrastructure, educational institutions, and commercial hubs, providing a dynamic backdrop for residential or mixed-use development. The reserve price for this asset is set at INR 14,800,000, with an Earnest Money Deposit (EMD) of INR 1,480,000 required to participate. Prospective buyers are encouraged to conduct thorough due diligence, including site visits and legal checks, prior to the auction to fully assess the property's potential and ensure it aligns with their investment goals.
State:Kerala
City:Thiruvananthapuram
Area:thiruvallam
Asset Category:Residential
Discover a promising opportunity with this SARFAESI auction hosted by Canara Bank for a Land and Building asset in the vibrant Thiruvallam area of Thiruvananthapuram, Kerala. This property, located in Re Sy.No. 9818-9-2 and 98/8-9-3, offers an extent of 0.81 hectares, presenting a substantial plot with existing structures. Situated conveniently with road access to the west and bordered by properties of Anil Kumar to the north, Gopi to the south, and Sahadevan to the east, it boasts a well-defined location. Thiruvananthapuram, as the capital city of Kerala, offers excellent connectivity, infrastructure, and a thriving economic environment, making this a potentially valuable acquisition for astute investors or new homeowners seeking a property with development potential in a sought-after region. The auction is scheduled for July 31, 2025, between 11:30 AM and 12:30 PM, with the application submission deadline set for July 28, 2025.
Borrower Name:Shri. Arun Sukesh
Auction Type:SARFAESI Auction
Contact PH. 0471 2434655, 8301897005 e-mail: [email protected]