Land for auction 1 Thiruvanvandoor Villa, Chengannur, Alappuzha by SBI

Discover an exceptional residential opportunity in Chengannur, Alappuzha, Kerala, featuring a substantial parcel of 4.25 Ares of land accompanied by an existing residential building. This property, located within Re. Sy.No.535/10-1, Block No.6 (Old Sy No. 67/9A) of Thiruvanvandoor Village, offers a promising canvas for both personal residence and investment. The land is advantageously positioned with road access to the north and east, further enhancing its accessibility and potential for development. Bordered by Elizabeth Sunny's property to the south and Omanakultan Mulackal's property to the west, it ensures a defined and established neighborhood context. The property's historical transaction is recorded under Sale Deed No. 1434/2013 dated 10.06.2013, registered at SRO Chenganoor, indicating clear legal standing. Chengannur itself is a developing area with growing infrastructure, making this an attractive prospect for new homeowners or investors seeking value in a burgeoning locale.

This SARFAESI auction presents a prime opportunity to acquire a land and building asset situated in the well-connected area of Chengannur, Alappuzha, Kerala. The auction, facilitated by BAANKNET on behalf of the State Bank of India, offers a transparent and regulated process for interested buyers. The bidding process will commence on July 31, 2025, at 11:00 AM and conclude at 4:00 PM on the same day. Prospective bidders are required to submit their applications by July 30, 2025, 5:00 PM. The reserve price for this property has been set at ₹54,00,000, with an Earnest Money Deposit (EMD) of ₹5,40,000. For any queries or further information regarding the auction process or property details, interested parties can reach out to the State Bank of India at the provided contact numbers: 0471-2318096 or 2317095. This is a chance to invest in a property with clear documentation, registered in the name of Mr. Joji Philip.