Property for Auction in Cherpu, Thrissur, Kerala
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
Submission Date:2025-11-19
Bid Start Date:2025-11-20
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
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
Possession Status:Physical
Encumbrance Details:Not Known to Bank
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.
Branch:Branch Office : Registered Office: Mumbai
Service Provider:bankeauctions.com / C1 India
Contact Details:
Mr. BY Arjun Dev
Contact no:+91-9880963608