Property for Auction in Neyyattinkara, Thiruvananthapuram, Kerala
Auction ID:531276
Bank Name:Canara Bank
Branch Name:RECOVERY & LEGAL SECTION
Reserve Price:₹23,91,000
EMD:₹2,39,100
Service Provider:BAANKNET
Submission Date:25-07-2025 05:00 PM
Bid Start Date:31-07-2025 11:30 AM
The property, situated in the Kunnathukal Village of Neyyattinkara Taluk, Thiruvananthapuram district, comprises 5.16 Ares (approximately 555 sq ft) of land along with an existing building. This residential asset is strategically located in a developed area of Kerala, offering potential for both residential use and future appreciation. Neyyattinkara, being a prominent town in the Thiruvananthapuram district, benefits from good connectivity and access to essential amenities, including educational institutions, healthcare facilities, and commercial centers. The property, owned by Mr. Udayakumar P, represents a tangible opportunity for new buyers to enter the real estate market in a sought-after region. Its land and building combination provides a solid foundation for renovation or development, making it an attractive prospect for individuals or families looking to establish a home or investors seeking rental income potential in this developing locale. A personal inspection of the property is highly advisable to assess its current condition and potential.
State:Kerala
City:Thiruvananthapuram
Area:Neyyattinkara
Asset Category:Residential
This SARFAESI auction presents a prime opportunity to acquire a valuable property located in Neyyattinkara, Thiruvananthapuram, Kerala. The auction is being conducted by Canara Bank, with the bidding scheduled to commence on July 31, 2025, starting at 11:30 AM and concluding at 12:30 PM on the same day. Prospective buyers are required to submit their applications by July 25, 2025, 5:00 PM. The reserve price for this asset has been set at ₹23,91,000, with an Earnest Money Deposit (EMD) of ₹2,39,100. This auction offers a transparent and regulated process for acquiring real estate, often at competitive prices. For further inquiries and to understand the specific terms and conditions of participation, interested parties are encouraged to reach out to the provided contact numbers: 0471-2579110 and 9446998451. Thorough due diligence is recommended before bidding to ensure a successful and informed transaction.
Borrower Name:Mr Udaykumar P
Auction Type:SARFAESI Auction
Contact Number : 0471-2579110, 9446998451