Land for auction Cherpu Thrissur 2 Cr Kotak Mahindra Bank

Property for Auction in Cherpu, Thrissur, Kerala

Recommendation
Calculated OpportunityScore: 6.8
Possession
Physical
Size
34.20 Ares
Reserve Price
2,43,00,000
Reserve Price
2,43,00,000
EMD Required
24,30,000
Property Specifications
Size34.20 Ares
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land
Location IconLocation:
Cherpu, Thrissur
Auction Date IconAuction Date:
20-11-2025 01:00 PM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:610710

Bank Name:Kotak Mahindra Bank

Branch Name:Registered Office: Mumbai

Reserve Price:2,43,00,000

EMD:24,30,000

Auction Time:01:00 p.m. to 02:00 p.m.

Service Provider:bankeauctions.com / C1 India

Important Dates

Submission Date:2025-11-19

Bid Start Date:2025-11-20

Property Description

Explore a prime land parcel in Cherpu, Thrissur, Kerala, offered by Kotak Mahindra Bank. This residential land presents a compelling opportunity for development or investment in a rapidly growing area. Situated in a well-connected locality, it offers a tranquil environment with convenient access to essential amenities. Ideal for building your dream home or undertaking a promising real estate venture. Don't miss this chance to own a valuable piece of property in Thrissur.

State:Kerala

City:Thrissur

Area:Cherpu

Asset Category:Residential

Full Address:Re Survey No 513/6 District: Thrissur Sub District Cherpu Taluk Thrissur Vilage Avinisserry Kara Avinissarry Limit Avinisserry Panchayath, Cherpu, Thrissur

Size:34.20 Ares

Auction Description

Kotak Mahindra Bank presents a SARFAESI Auction for a valuable land property in Cherpu, Thrissur, Kerala. The auction features a reserve price of INR 2,43,00,000 and requires an Earnest Money Deposit (EMD) of INR 24,30,000. The bidding process will take place online on November 20, 2025, commencing at 01:00 PM and concluding at 02:00 PM. This is a unique opportunity to acquire a significant land asset through a transparent and efficient auction process. Interested parties are encouraged to review all auction terms and conditions prior to participation.

Borrower Name:Mr.O.K.Roy

Auction Type:SARFAESI Auction

Guarantor Names:Mr. O.K. Joju, Mr. O. K. Biju

Legal Details

Possession Status:Physical

Encumbrance Details:Not Known to Bank

Why This Property

The property, a sizable land parcel in Cherpu, Thrissur, offers potential but requires careful evaluation. The reserve price seems reasonable for the location. However, prospective investors should thoroughly assess local market conditions and conduct due diligence to ascertain suitability.

Contact Details

Branch:Branch Office : Registered Office: Mumbai

Service Provider:bankeauctions.com / C1 India

Contact Details:

Mr. BY Arjun Dev

Contact no:+91-9880963608

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