Property for Auction in Nedumangad, Trivandrum, Kerala
Auction ID:539085
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹1,14,98,000
EMD:₹11,49,800
Service Provider:BAANKNET
Submission Date:28-07-2025 05:00 PM
Bid Start Date:31-07-2025 11:30 AM
Discover a prime investment opportunity in Nedumangad, Trivandrum, Kerala, featuring approximately 30 cents (12.10 Ares) of prime land, identified under Block No. 34 and Re-Survey No. 504/7 in Karakulam Village. This residential plot, owned by Sri. Ajith Kumar M J, is conveniently situated with a 1.2-meter wide byroad to its east and a substantial 12-meter wide byroad to its west, ensuring excellent accessibility and potential for future development. The property's boundaries are clearly defined, bordered by the properties of Manoj and others to the north and G. PRadhakrishnan Nair to the south. Located in the rapidly developing Nedumangad Taluk of Trivandrum District, this land parcel offers immense potential for constructing residential units, a commercial establishment, or for capital appreciation. Its strategic location provides access to local amenities and the broader infrastructure of Trivandrum city, making it an ideal canvas for your next real estate project.
State:Kerala
City:Trivandrum
Area:Nedumangad
Asset Category:Residential
This is an opportunity to acquire a significant parcel of land in the desirable locale of Nedumangad, Trivandrum, Kerala, through a SARFAESI auction conducted by Canara Bank. The auction is scheduled for July 31, 2025, with bidding open from 11:30 AM to 12:30 PM. A key requirement for participation is the submission of applications by July 28, 2025, 05:00 PM. The earnest money deposit (EMD) required is ₹11,49,800, which is 10% of the reserve price of ₹1,14,98,000. This represents a substantial land holding of approximately 30 cents (12.10 Ares) within Block No. 34, Re-Survey No. 504/7 of Karakulam Village. The property boasts accessibility with a 1.2-meter wide byroad on the east and a 12-meter wide byroad on the west, with clear boundary references provided. This land, categorized as residential, offers excellent potential for development, making it an attractive proposition for investors and prospective homeowners looking to build their dream property or a lucrative real estate venture in a growing area of Trivandrum.
Borrower Name:M/s. Meridian Contractors and Engineers
Auction Type:SARFAESI Auction
Contact SASTHAMANGALAM, Ph. No.0471-2721220, 8281991387