Land for auction 2 Vilappil Villa, Neyyattinkara, Thiruvananthapuram by SBI

The State Bank of India is offering a compelling Land and Building property situated in the well-connected area of Neyyattinkara, Thiruvananthapuram, Kerala. This asset, located in Vilappil Village, spans 2.83 Ares of land, identified under Re Sy No: 355/26-2. The property is registered under Sale Deed No. 1812/2013 and is bounded by properties of Jiju to the north and west, a pathway to the south, and a road to the east. This location in Thiruvananthapuram district offers access to essential amenities and a growing community, making it an attractive prospect for residential development or investment. For new buyers, understanding the precise boundaries and the existing structures on the land is paramount. The property's residential category suggests potential for a family home or rental income, with the added benefit of its strategic placement within Neyyattinkara, a region known for its developing infrastructure.

This SARFAESI auction, conducted by the State Bank of India, presents a unique opportunity to acquire a residential property in the thriving locality of Neyyattinkara, Thiruvananthapuram, Kerala. The auction is scheduled for July 31, 2025, with bidding commencing at 11:00 AM and concluding at 4:00 PM. Prospective buyers are required to submit their applications by July 30, 2025, 05:00 PM. A crucial aspect for new investors is the Earnest Money Deposit (EMD) of ₹500,000, which must be submitted to participate. The reserve price for this offering is set at ₹5,000,000. This auction represents a chance to own a land and building asset, potentially with significant scope for enhancement. We encourage interested parties to thoroughly review all terms and conditions and conduct due diligence before participating in this State Bank of India-facilitated sale, managed by BAANKNET.