Land for auction 3A2 Pallippuram Villa, Cherthala, Alappuzha by Karur Vysya Bank

The property comprises multiple land parcels and an under-construction building, identified as a resort. The total land area across seven items amounts to 240.155 ares (593.42 cents). The building has a total plinth area of 11568.12 Sq.M, distributed as follows: Ground Floor (1846.29 Sq.M), Mezzanine Floor (857.53 Sq.M), 1st Floor (1846.29 Sq.M), 2nd Floor (1742.50 Sq.M), 3rd Floor (1742.50 Sq.M), 4th Floor (1742.50 Sq.M), 5th Floor (1742.50 Sq.M), and Stair Cabin (48.02 Sq.M). The property is located in Pallippuram Village, Cherthala Taluk, Alappuzha District, Kerala, with specific boundaries detailed for each item, including adjacent properties and Vembanattu Lake.

This is a SARFAESI auction for land and a building under construction by Karur Vysya Bank. The property is located in Cherthala, Alappuzha, Kerala. The total land extent is 240.155 ares (593.42 cents), featuring a resort building with a total plinth area of 11568.12 Sq.M, spread across multiple floors including ground, mezzanine, first, second, third, fourth, fifth floors, and a stair cabin. The auction will be conducted on March 5, 2025, from 4:00 PM to 5:00 PM. The reserve price is 28,62,00,000.00 and the EMD is 2,86,20,000.00. The borrower is M/s Ullattil Hotels and Spa Private Limited. The property is situated at Thavanakadavu-Vadakkukkara Road, Pallippuram Village, Cherthala Taluk, Alappuzha District.