Land for auction Chittur Palakkad 7 lakh PNB Housing Finance Limited

This offering presents a prime plot of land in Chittur, Palakkad, Kerala, a region known for its scenic beauty and growing development potential. Suitable for residential purposes, this land offers a canvas for your dream home or investment. The property is being auctioned by PNB Housing Finance Limited under the SARFAESI Act, providing a transparent and secure transaction process. Located in a well-connected area, it promises accessibility and convenience.

PNB Housing Finance Limited is conducting an online SARFAESI auction for a valuable parcel of land in Chittur, Palakkad, Kerala. The auction, which is for residential land previously owned by Jessy R, will commence on December 16, 2025, at 02:00 PM and conclude at 03:00 PM on the same day. The reserve price is set at ₹6,98,000, with an Earnest Money Deposit (EMD) of ₹69,800 required to participate. This is a unique opportunity to acquire a property in a sought-after location.

The land in Chittur, Palakkad, presents a calculated opportunity given its reserve price and location. While details are limited, the auction terms and potential for development in the region suggest moderate investment appeal.