Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610084
Bank Name:South Indian Bank
Branch Name:REGIONAL OFFICE, ERNAKULAM
Reserve Price:₹1,12,50,000
EMD:₹11,25,000
Bid Increment:₹10,000
Auction Time:11:00 AM to 12:00 PM
Service Provider:bankauctions.in
Important Dates
Submission Date:2025-11-26
Bid Start Date:2025-11-27
Property Description
This is a valuable piece of land located in Kothamangalam, Ernakulam, Kerala. The property is categorized as residential and is being auctioned by South Indian Bank under the SARFAESI Act. Ideal for development or personal use, this plot offers a significant opportunity in a sought-after location.
State:Kerala
City:Ernakulam
Area:Kothamangalam
Asset Category:Residential
Full Address:Sy No. 708/1A/64, 708/1A/102 and 708/1A/98 within Kadavoor Village, Kothamangalam Taluk, Ernakulam District, Kadavoor Village, Ernakulam
Size:46.14 Ares
Auction Description
South Indian Bank is conducting a SARFAESI auction for a residential land parcel in Kothamangalam, Ernakulam. The auction will take place on November 27, 2025, from 11:00 AM to 12:00 PM. The reserve price is ₹1,12,50,000, with an Earnest Money Deposit (EMD) of ₹11,25,000 required. Don't miss this chance to acquire property through a transparent bank auction process.
Borrower Name:Mr. Sajan K Thomas
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Della Sajan
Legal Details
Possession Status:Physical
Encumbrance Details:Nil
Why This Property
The property is a sizable land parcel in a developing area, presenting a reasonable investment prospect. The reserve price appears competitive, but due diligence regarding local market rates is advised. Given the location and land size, it could be a worthwhile venture with careful planning and execution.
Contact Details
Branch:Branch Office : REGIONAL OFFICE, ERNAKULAM
Service Provider:bankauctions.in
Contact Details:
Authorized Officer, (Chief Manager)
Contact no:9597493136
