Land for auction 4 Pazhavangadi Villa Ranni Pathanamthitta by SBI

The State Bank of India is facilitating this auction for a substantial parcel of land and an associated building located at Re Sy No: 379/2-1 in Pazhavangadi Village, Ranni Taluk, Pathanamthitta District, Kerala. The property encompasses 4.75 Ares and is registered under Sri. Mathew Varughese. Strategically positioned, the land is bordered by neighboring properties to the north and east, a private road to the south, and a natural water stream to the west, offering a unique and potentially tranquil setting. This is an excellent opportunity for individuals seeking a residential property with development potential, offering a chance to own a piece of real estate in a growing district known for its natural beauty and accessibility. The reserve price is set at 34,00,000.00, with an Earnest Money Deposit (EMD) of 3,40,000.00 required to participate.

This SARFAESI auction presents a compelling opportunity to acquire a residential land and building in the serene locale of Ranni taluk, Pathanamthitta, Kerala. The property, situated in Pazhavangadi Village, spans 4.75 Ares and is identified by Re Sy No: 379/2-1. Its boundaries are clearly defined, with property of Abu | Koshy to the north, a private road to the south, Anjukuzhy Mukkalumon Road to the east, and a water stream to the west. The auction is being conducted by the State Bank of India, with BAANKNET serving as the service provider. This is an ideal chance for first-time buyers to enter the property market through a transparent and regulated process, potentially securing a valuable asset with significant long-term appreciation prospects in this developing region of Kerala.