Property for Auction in Chirayinkeezhu, Thiruvananthapuram, Kerala
Auction ID:536546
Bank Name:State Bank of India
Branch Name:Stressed Asset Recovery Branch
Reserve Price:₹16,00,000
EMD:₹1,60,000
Service Provider:BAANKNET
Submission Date:30-07-2025 05:00 PM
Bid Start Date:31-07-2025 11:00 AM
This attractive residential offering is located in Chirayinkeezhu, Thiruvananthapuram, Kerala, a region known for its developing infrastructure and accessibility. The property encompasses 4.30 Ares of land, complete with an existing residential building, making it an ideal prospect for both individual homebuyers and property investors. Situated in Block No. 41 of Alamcode Village, within Chirayinkeezhu Taluk, it benefits from a specific location bounded by the properties of Manju to the North, Shyma Beevi to the South, Thadom to the East, and Sarasan to the West. Originally registered in the name of Shri. Prince Prasannan, this asset represents a chance to own a piece of property in a desirable district. The property's designation as 'Land And Building' suggests versatility, potentially allowing for renovation, extension, or redevelopment, depending on local regulations and buyer vision. This property is a compelling option for those seeking value in the Kerala real estate market.
State:Kerala
City:Thiruvananthapuram
Area:Chirayinkeezhu
Asset Category:Residential
This presents a unique opportunity to acquire a residential property through a SARFAESI auction conducted by the State Bank of India. The auction is scheduled for July 31, 2025, with bidding open from 11:00 AM to 4:00 PM. To participate, interested buyers must submit their applications by 5:00 PM on July 30, 2025. The reserve price for this property is ₹16,00,000, and the Earnest Money Deposit (EMD) required is ₹1,60,000. This auction is being facilitated by BAANKNET, a recognized service provider. For detailed terms and conditions, including the specific sale notice, please refer to the provided URL. For any inquiries or further information regarding the auction process, potential bidders can contact the Stressed Asset Recovery Branch of the State Bank of India at the provided phone numbers: 0471-2318096 or 2317095. It is advisable for all prospective buyers to conduct thorough due diligence before participating.
Borrower Name:Sri.Prince Prasannan
Auction Type:SARFAESI Auction
Contact Ph: 0471-2318096, 2317095