Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613861
Bank Name:IDBI Bank
Branch Name:Regional Office
Reserve Price:₹43,35,000
EMD:₹4,33,500
Service Provider:BAANKNET
Important Dates
Submission Date:21-11-2025 05:00 PM
Bid Start Date:2025-11-24
Property Description
This is a land parcel located in Alangad, Ernakulam, Kerala. The property is categorized as residential land and is being auctioned by IDBI Bank under SARFAESI rules. It presents a potential opportunity for development or investment in the growing Ernakulam region.
State:Kerala
City:Ernakulam
Area:Alangad
Asset Category:Residential
Full Address:Sy No. 481/6B, Alangad village under Grama Panchayath of Alangad, Revenue Mandal Alangad, District Ernakulam, Alangad, Ernakulam
Size:4.45 Ares
Auction Description
IDBI Bank is conducting a SARFAESI auction for a residential land property in Alangad, Ernakulam, Kerala. The auction will take place on November 24, 2025, from 10:00 AM to 12:00 PM. The reserve price for this auction is INR 43,35,000, with an Earnest Money Deposit (EMD) of INR 4,33,500. This is a prime opportunity to acquire land in a key Kerala locality.
Borrower Name:Shri. Sebastain Koilparambil Fabi
Auction Type:SARFAESI Auction
Guarantor Names:Smt. Sheela Sebastian, Merylin Sebastian
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land parcel in Alangad, Ernakulam, offered at a moderate reserve price. While the location offers potential, thorough due diligence is recommended to assess local market trends and development opportunities. The auction terms are standard, presenting a calculated investment opportunity.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
