Property for Auction in Kothamangalam, Ernakulam, Kerala
Auction ID:552170
Bank Name:Indian Bank
Branch Name:Aluva Branch
Reserve Price:₹49,00,000
EMD:₹4,90,000
Service Provider:BAANKNET
Submission Date:19-08-2025 05:00 PM
Bid Start Date:20-08-2025 10:00 AM
This offering is for a Land and Building property located in Kothamangalam, Ernakulam, Kerala. The asset is categorized as residential and is being auctioned by Indian Bank under SARFAESI laws. The property offers potential for both residential use and development. Situated in the Kothamangalam area, it provides access to local amenities and infrastructure.
State:Kerala
City:Ernakulam
Area:Kothamangalam
Asset Category:Residential
Indian Bank presents a SARFAESI auction for a Land and Building property in Kothamangalam, Ernakulam, Kerala. This residential asset, formerly owned by Mr Nithin Joy, has a reserve price of INR 4,900,000 and an EMD of INR 490,000. The auction will take place on August 20, 2025, from 10:00 AM to 5:00 PM. This is a prime opportunity to acquire a property in a developing area of Ernakulam.
Borrower Name:Mr Nithin Joy
Auction Type:SARFAESI Auction
Contact no:0484-2625090