Property for Auction in Kothamangalam, Ernakulam, Kerala
Auction ID:551311
Bank Name:South Indian Bank
Branch Name:REGIONAL OFFICE, ERNAKULAM
Reserve Price:₹96,24,000
EMD:₹9,62,400
Service Provider:bankauctions.in
Submission Date:09-09-2025 05:00 PM
Bid Start Date:10-09-2025 11:00 AM
This residential property, located in Kothamangalam, Ernakulam, Kerala, comprises both land and a building. It is being auctioned by South Indian Bank as part of a SARFAESI action concerning the borrower, Mr. Shinu Jacob. The property offers a substantial land parcel suitable for various development or residential purposes, along with an existing building structure. Situated in the well-connected area of Kothamangalam, it provides convenient access to local amenities and transport links.
State:Kerala
City:Ernakulam
Area:Kothamangalam
Asset Category:Residential
South Indian Bank presents a SARFAESI auction for a Land and Building property in Kothamangalam, Ernakulam, Kerala. The auction will be held on September 10, 2025, from 11:00 AM to 12:00 PM. The reserve price is ₹96,24,000, with an Earnest Money Deposit (EMD) of ₹9,62,400 required. This is a valuable opportunity to acquire a property in a desirable location. Interested bidders should review all auction terms and conditions provided by South Indian Bank.
Borrower Name:Mr. Shinu Jacob
Auction Type:SARFAESI Auction
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