Land for auction 8 Edakkazhiyur Villa, Chavakkad, Thrissur by Tamilnad Mercantile Bank

The property consists of 8.27 cents (3.35 Ares) of land with a residential building thereon, located in Edakkazhiyur Desom, Edakkazhiyur Village, Punnayur panchayath, Chavakkad Taluk, Thrissur district, Kerala. The land is identified by R.S.No.25/1. The property is registered in the name of Mr. Asharaf and is subject to existing attachments from the Munsiff Court Chavakkad and the Arbitral Tribunal Thrissur. The boundaries are defined as: East-Property owned by Rubina Kabir. South-Property of Mohammed All. West-Property of Yusuf, Late Kunjumuhammed. North-Private Road.

Tamilnad Mercantile Bank Limited is conducting a SARFAESI auction for a residential land property in Chavakkad, Thrissur, Kerala. The land extent is 8.27 cents (3.35 Ares) in R.S.No.25/1 at Edakkazhiyur Desom, Edakkazhiyur Village, Punnayur panchayath, Chavakkad Taluk. The property includes a residential building and stands in the name of Mr. Asharaf. This property serves as collateral for a Term loan (Home Loan) of Rs. 15.00 Lakh with an outstanding balance of Rs. 14,60,385.91. The auction has a reserve price of Rs. 33,45,000.00 and an EMD of Rs. 3,34,500.00. The auction will be held on 27-02-2025 from 11:00 AM to 01:00 PM. The application submission deadline is 26-02-2025 by 05:00 PM. There are multiple attachments on the property, including an attachment by Munsiff Court Chavakkad, Arbitral Tribunal Thrissur in Case No.389/2020, and Arbitral Tribunal Thrissur in IA. No. 21/2019. Boundaries: East-Property owned by Rubina Kabir. South Property of Mohammed All. West-Property of Yusuf, Late Kunjumuhammed. North-Private Road. Contact: 0487-2507100, 85472 32347.