Land for auction 10 Pallippuram Villa, Cherthala, Alappuzha by Karur Vysya Bank

Property for Auction in Cherthala, Alappuzha, Kerala

Property Type IconProperty Type:
Land
Location IconLocation:
Cherthala, Alappuzha
Auction Date IconAuction Date:
05-03-2025 04:00 PM

Auction Details

Auction ID:448025

Bank Name:Karur Vysya Bank

Branch Name:ASSET RECOVERY BRANCH , COIMBATORE

Reserve Price:2,99,00,000

EMD:29,90,000

Service Provider:matex.net

Important Dates

Submission Date:04-03-2025 05:00 PM

Bid Start Date:05-03-2025 04:00 PM

Property Description

The property consists of vacant land totaling 112.93 ares (279 cents) in Cherthala, Alappuzha, Kerala. It is comprised of four items: Item-1 (10.93 Ares in Sy No 154/1C and 17.40 Ares in Sy No 154/1A), Item-2 (38.05 Ares in Sy No 154/1C and 9.71 Ares in Sy No 154/1E), Item-3 (3.24 Ares in Sy No 154/1C, 0.81 Ares in Sy No. 154/18 and 4.45 Ares in Sy No 154/1A), and Item-4 (12.15 Ares in Sy No. 154/1C, 16.19 Ares in Sy No. 154/1A). All parcels are located at Thavanakadavu, Ottappuzha Junction, Pallippuram Village, Chennam Pallippuram, Cherthala Taluk, Alappuzha District. The property has rights over roads for ingress and egress. The boundaries are: East: Thodu; North: PWD Road; West: Property of Tomy, Thankappan & others; South: Property of Parimanath Rajeevan.

State:Kerala

City:Alappuzha

Area:Cherthala

Asset Category:Residential

Auction Description

This is a SARFAESI auction conducted by Karur Vysya Bank for a vacant land parcel located in Cherthala, Alappuzha, Kerala. The total extent of the land is 112.93 ares (279 cents). The property is situated at Thavanakadavu, Ottappuzha Junction, Pallippuram Village, Chennam Pallippuram, Cherthala Taluk, Alappuzha District. The land has clear boundaries, including a stream to the East, a PWD Road to the North, properties of Tomy, Thankappan & others to the West, and the property of Parimanath Rajeevan to the South. The land is standing in the name of Mr. Shashidharan Ullattil and includes rights over roads for ingress and egress. The auction has a reserve price of 29,900,000.00 and an Earnest Money Deposit (EMD) of 2,990,000.00. The auction will be conducted by matex.net. The auction is scheduled for March 5, 2025, from 4:00 PM to 5:00 PM.

Borrower Name:M/s Ullattil Hotels and Spa Private Limited

Auction Type:SARFAESI Auction

Contact Details

Contact No : 04222571746, 8110996655

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