Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610477
Bank Name:IDBI Bank
Branch Name:Retail Recovery
Reserve Price:₹1,64,50,000
EMD:₹16,45,000
Auction Time:11:00 am to 12:00 pm
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-25
Bid Start Date:2025-11-26
Property Description
Prime land parcel located in Adoor, Pathanamthitta, Kerala. This residential land offers a significant investment opportunity in a growing region. Perfect for development or personal use, this plot is being auctioned by IDBI Bank under SARFAESI regulations.
State:Kerala
City:Pathanamthitta
Area:Adoor
Asset Category:Residential
Full Address:Re Sy No 908/2 (old Sy No 25/14 A.B) of Adoor Village, Re Sy Block No 8 Adoor Taluk Pathanamthitta District, Adoor, Pathanamthitta
Size:15.30 Ares
Auction Description
IDBI Bank is conducting a SARFAESI auction for a valuable piece of land in Adoor, Pathanamthitta, Kerala. The auction begins on November 26, 2025, at 11:00 AM and concludes at 12:00 PM on the same day. The reserve price is ₹1,64,50,000, with an EMD of ₹16,45,000 required to participate. This is a unique chance to acquire property in a sought-after location directly from the bank.
Borrower Name:Shri Vivek Mohan Menon
Auction Type:SARFAESI Auction
Guarantor Names:Shri G.P. Mohana Chandran, Shri G.P. Radhakrishnan
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The land in Adoor offers a good investment potential due to its location and size. The reserve price seems reasonable, but due diligence on the property's title and local market conditions is recommended. Auction terms appear standard, making it a calculated opportunity for interested buyers.
Contact Details
Branch:Branch Office : Retail Recovery
Service Provider:BAANKNET
Contact Details:
Authorised Officer
Contact no:8291220220
