Land for auction 4 Airavon Villa, konni, Pathanamthitta by SBI

The property in question is a well-situated parcel of land measuring 3.24 Ares (approximately 348.75 square feet) in Re Sy No: 2/29 (0.81 Ares) and 2/31 (2.43 Ares) within Airavon Village, Konni Taluk, Pathanamthitta District, Kerala. The land is registered in the name of Sri. Nitheesh Balan and includes existing buildings and improvements. Its boundaries are clearly defined: to the North by Panchayath Vazhi, to the South by the property of Sathyavilasam Prabha, to the East by the property of Puthethu, and to the West by a Road and the property of Madathethu Bhaskaran. This location in Pathanamthitta, a district known for its natural beauty and growing infrastructure, offers a promising residential setting. The property's classification as 'Land And Building' with an 'Asset Category' of 'Residential' indicates its potential for personal dwelling or investment in the thriving Kerala real estate market.

This auction presents a significant opportunity to acquire a landed property with existing improvements in the serene locale of Konni, Pathanamthitta District, Kerala. Conducted under the SARFAESI Act by the State Bank of India, this is a transparent process designed to offer properties at competitive values. The bidding opens on July 31, 2025, from 11:00 AM to 4:00 PM. Prospective buyers are required to submit their applications by July 30, 2025, 5:00 PM. The reserve price is set at ₹29,00,000, with an Earnest Money Deposit (EMD) of ₹2,90,000 required to participate. This is an ideal chance for new buyers to enter the property market through a regulated and accessible channel, offering a chance to own a piece of land in a developing area. For further details and to review the sale notice, interested parties can contact the Stressed Asset Recovery Branch at 0471-2318096 or 2317095.