Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612650
Bank Name:UCO Bank
Branch Name:Kollam Branch
Reserve Price:₹5,60,50,000
EMD:₹56,05,000
Bid Increment:₹10,000
Auction Time:11:00 AM to 05:00 PM
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-27
Bid Start Date:2025-11-28
Property Description
This is a prime land parcel located in Ambalapuzha, Alappuzha, Kerala, categorized as residential. Situated in a sought-after area, this property presents an excellent opportunity for development or investment. Its proximity to key amenities and transport links makes it a valuable asset in the Alappuzha region. The land is being auctioned by UCO Bank under the SARFAESI Act.
State:Kerala
City:Alappuzha
Area:Ambalapuzha
Asset Category:Residential
Full Address:Ambalapuzha West Village, Ambalapuzha, Ambalapuzha, Alappuzha
Size:9.32 Ares
Auction Description
UCO Bank is conducting a SARFAESI auction for a significant land property in Ambalapuzha, Alappuzha, Kerala. The auction has a reserve price of ₹5,60,50,000 and requires an Earnest Money Deposit (EMD) of ₹56,05,000. The bidding will commence on November 28, 2025, at 11:00 AM and conclude at 5:00 PM on the same day. This is a direct opportunity to acquire a valuable plot of land through a transparent bank auction process.
Borrower Name:M/s. Arafa Gold & Diamonds Pvt Ltd
Auction Type:SARFAESI Auction
Guarantor Names:Mr. ABDUL SALAM, Mrs. REMEELA BEEVI, Mr. RIYAZ MON, Mr. RAMEEZ A, Mr. SALAM RAFEEK, Mr. HAMEEDKUNJU K, Mrs. SHAINI A
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a decent opportunity given its location in Ambalapuzha and the presence of a building, but the price is relatively high. The auction terms are standard, suggesting a calculated risk for potential investors. It's a good chance to acquire prime property.
Contact Details
Branch:Branch Office : Kollam Branch
Service Provider:Public Auction
Contact Details:
Chief Manager and Authorized Officer
Contact no: —
