Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612502
Bank Name:DCB Bank
Branch Name:Lower Parel Mumbai
Reserve Price:₹37,67,000
EMD:₹3,76,700
Bid Increment:₹15,000
Auction Time:11.30 am - 1.00 pm
Service Provider:bankauctions.in
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
This is a unique opportunity to acquire a plot of land in the scenic Cherthala area of Alappuzha, Kerala. Situated in a desirable location, this land is ideal for residential development. The property is being auctioned by DCB Bank under the SARFAESI Act. It offers a great chance for investors or individuals looking to build their dream home in a well-connected region of Kerala.
State:Kerala
City:Alappuzha
Area:Cherthala
Asset Category:Residential
Full Address:Cherthala Vadakku Village, Survey No. 11/20A2, Together with a residential building No 2/136 situated at Cherthala South Grama Panchayath, Cherthala Vadakku, Alappuzha
Size:11.11 Ares
Auction Description
DCB Bank is conducting a SARFAESI auction for a valuable plot of land located in Cherthala, Alappuzha, Kerala. The auction will take place on November 25, 2025, starting at 11:30 AM and concluding at 01:00 PM. The reserve price for this residential land is ₹37,67,000, with an Earnest Money Deposit (EMD) of ₹3,76,700 required. This is a prime opportunity to bid on a property in a sought-after location, offered by DCB Bank.
Borrower Name:Mr. Hariharan PV
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Malini T C
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property presents a calculated opportunity due to its location in Cherthala and its land category. The reserve price is moderate, and the auction terms seem standard. However, potential buyers should conduct thorough due diligence on the property and its surrounding area before participating.
Contact Details
Branch:Branch Office : Lower Parel Mumbai
Service Provider:bankauctions.in
Contact Details:
Madhu Upendran
Contact no:9447320908
