Land for auction 24 Mannarkadu Villa, Manarkkad, Kottayam by HDB Financial Services Li

Located in the tranquil village of Manarkkad within the Kottayam district of Kerala, this property represents a promising acquisition for discerning buyers. Spanning 8.43 Ares (approximately 9074 sq ft) in Re Sy. No. 548/6, block no. 24, this land and building parcel is situated in a well-identified locality. The property is recorded in the name of Mr. Satheesh Krishnan, as per Sale Deed No. 423/2010, and lies within the Sub registration district of Kottayam Additional. Its boundaries are clearly defined, with the property of KR Krishnakutty to the North, Leelamma Thomas to the South, Maliyekkal to the East, and a road to the West, as per location sketch No. 1541/17. As a residential asset, it offers potential for various development or personal use opportunities, making it an attractive prospect for those looking to invest in the vibrant real estate market of Kottayam.

This auction presents a significant opportunity to acquire a property in Manarkkad, Kottayam, Kerala, through a SARFAESI auction conducted by HDB Financial Services Limited. The auction is scheduled to commence on July 31, 2025, at 11:00 AM and will conclude at 12:00 PM on the same day. Prospective buyers are required to submit their applications by July 30, 2025, at 06:00 PM. The reserve price for this asset, categorized as residential land and building, has been set at ₹10,396,152, with an Earnest Money Deposit (EMD) of ₹1,039,615. This public auction, managed by a service provider, offers a transparent process for acquiring property directly from the financial institution. For further inquiries, interested parties can contact the provided numbers: 8589972288, 9020858967, or 9544618915. Understanding the SARFAESI act and auction procedures is advisable for new buyers.