Property for Auction in Kottayam, Kottayam, Kerala
Auction ID:536443
Bank Name:HDB Financial Services Limited
Branch Name:Branch Office : Kochi
Reserve Price:₹1,86,30,000
EMD:₹18,63,000
Service Provider:Public Auction
Submission Date:30-07-2025 06:00 PM
Bid Start Date:31-07-2025 11:00 AM
Nestled in the heart of Kottayam, Kerala, this residential property represents a promising investment for astute buyers. The land parcel, extending to 4.27 ares, is strategically divided, with 2.85 ares located in Re. Sy No. 61 (Old Sy. No. 10/9) and 1.42 ares in Re: Sy.No. 24 (Old Sy.No. 10/8), both within Block No. 62 of Kottayam Village. This land is complemented by existing buildings bearing Nos. XIII/425, XII/426, and XIII/427A, situated within the Kottayam Municipality. The property's boundaries are clearly defined: North by Jaymon John's property, South by K.J. Philip Kandarapali's property, East by a road, and West by Dr. Suresh's property. Its location in Kottayam, a city known for its cultural significance and developing infrastructure, offers excellent connectivity and access to local amenities, making it an attractive prospect for residential or commercial development.
State:Kerala
City:Kottayam
Area:Kottayam
Asset Category:Residential
This SARFAESI auction, facilitated by HDB Financial Services Limited, presents a unique opportunity to acquire a Land and Building property situated in the vibrant city of Kottayam, Kerala. The auction will commence on July 31, 2025, with bidding open from 11:00 AM to 12:00 PM, providing a focused one-hour window for interested parties. The reserve price for this asset is set at ₹1,86,30,000, with an Earnest Money Deposit (EMD) of ₹18,63,000 required to participate. Potential buyers are advised to submit their applications by July 30, 2025, 06:00 PM. For any queries, interested individuals can reach out to the provided contact numbers: 8589972288, 9020858967, or 6282495756. This is a public auction, offering a transparent process for acquiring property directly from the financial institution.
Borrower Name:Vellara Communications
Auction Type:SARFAESI Auction
Contact : - 8589972288 , 9020858967, 6282495756