Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:612501
Bank Name:DCB Bank
Branch Name:Lower Parel Mumbai
Reserve Price:₹7,00,000
EMD:₹70,000
Bid Increment:₹10,000
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
A prime parcel of land located in Cherthala, Alappuzha, Kerala. This residential plot offers a great opportunity for development or personal use. Situated in a well-connected area, it provides easy access to local amenities and transport links. The property is being auctioned by DCB Bank under the SARFAESI Act.
State:Kerala
City:Alappuzha
Area:Cherthala
Asset Category:Residential
Full Address:Cherthala Vadakku Village, Survey No. 221/10-2, Cherthala Vadakku Village, Alappuzha
Size:3.23 Ares
Auction Description
DCB Bank is conducting a SARFAESI auction for a residential land parcel 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 is set at ₹7,00,000, with an Earnest Money Deposit (EMD) of ₹70,000 required. This is a valuable opportunity to acquire land in a desirable location.
Borrower Name:Mr. Sreeji PV
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Preeja N S
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The land in Cherthala presents a calculated opportunity, given its location and reserve price. While not a prime investment, it offers potential for value appreciation. Thorough due diligence is recommended before participating in the auction.
Contact Details
Branch:Branch Office : Lower Parel Mumbai
Service Provider:bankauctions.in
Contact Details:
T.Jaya Prakash Reddy
Contact no:8142000064
