Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:612081
Bank Name:ICICI Bank
Branch Name:Branch Office : Cochin
Reserve Price:₹4,00,000
EMD:₹40,000
Auction Time:11:30 AM to 12:30 PM
Service Provider:matex.net
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
This is a prime plot of land located in Pathanamthitta, Trivandrum, Kerala. The property is being auctioned by ICICI Bank under the SARFAESI Act. It's a great opportunity to acquire land in a developing area. The reserve price is ₹4,00,000 and the Earnest Money Deposit (EMD) is ₹40,000. Ideal for residential development.
State:Kerala
City:Trivandrum
Area:Pathanamthitta
Asset Category:Residential
Full Address:Re Sy No 450/3/1, Eenadimangalam Panchayath, Eenadimangalam Village, Aadoor Taluk, Pathanamthitta District-691524, Eenadimangalam, Pathanamthitta
Size:4348.62 Sq.ft
Auction Description
ICICI Bank is conducting a SARFAESI auction for a land property in Pathanamthitta, Trivandrum, Kerala. The auction will take place on November 25, 2025, from 11:30 AM to 12:30 PM. The reserve price is set at ₹4,00,000 with an EMD of ₹40,000. This is a secured creditors' auction for the asset belonging to Mr. Stebin Joshua.
Borrower Name:Mr. Stebin Joshua
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The land in Pathanamthitta presents a calculated opportunity due to its location and size. The reserve price is relatively low but the land's appeal may be limited, thus justifying a cautious approach. The clear auction terms and bank involvement add some security.
Contact Details
Branch:Branch Office : Branch Office : Cochin
Service Provider:matex.net
Contact Details:
Contact no:9655225532/8138023587
