Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613852
Bank Name:Kerala Gramin Bank
Branch Name:REGIONAL OFFICE : KASARAGOD
Reserve Price:₹53,70,000
EMD:₹5,37,000
Bid Increment:₹10,000
Auction Time:11 am to 02.00 pm
Service Provider:bankeauctions.com / C1 India
Important Dates
Submission Date:2025-11-06
Bid Start Date:2025-11-12
Property Description
This auction features a parcel of land located in Badiadka, Kasaragod, Kerala. The property is categorized as residential and is being auctioned by Kerala Gramin Bank under the SARFAESI Act. This is a prime opportunity to acquire land in a developing area.
State:Kerala
City:Kasaragod
Area:Badiadka
Asset Category:Residential
Full Address:Survey No. 602/3PT in Adhur Village, Badiadka, Kasaragod
Size:40 Cents
Auction Description
Kerala Gramin Bank is conducting a SARFAESI auction for a residential land property in Badiadka, Kasaragod. The auction will take place on November 12, 2025, starting at 11:00 AM and concluding at 02:00 PM. The reserve price for this auction is INR 53,70,000, with an Earnest Money Deposit (EMD) of INR 5,37,000 required to participate. This is a unique chance to bid on valuable property.
Borrower Name:Smt. Zainabi
Auction Type:SARFAESI Auction
Guarantor Names:Sri Jafar Sadique Thangal, Sri Mohammeed Bakhir Thangal
Legal Details
Possession Status:Physical
Encumbrance Details:There are no encumbrances to the knowledge of the bank.
Why This Property
The property is a plot of land in Badiadka, Kasaragod, offered at a reasonable reserve price. While the location is not a major metropolitan area, the price point and clear title make it a calculated opportunity for local investors or those seeking land for agricultural or residential purposes. The auction terms are standard, with a manageable EMD.
Contact Details
Branch:Branch Office : REGIONAL OFFICE : KASARAGOD
Service Provider:bankeauctions.com / C1 India
Contact Details:
Sri. Thankaraj PN
Contact no:9400999955
