Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:609867
Bank Name:Punjab National Bank
Branch Name:Circle Office
Reserve Price:₹11,02,000
EMD:₹1,10,200
Bid Increment:₹10,000
Auction Time:10:30 AM to 5.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:15-11-2025 05:00 PM
Bid Start Date:2025-11-17
Property Description
This is a SARFAESI auction by Punjab National Bank for a residential land parcel located in Muvattupuzha, Ernakulam, Kerala. The property was formerly owned by Late. Niju Paul. It offers a prime opportunity to acquire land in a sought-after area.
State:Kerala
City:Ernakulam
Area:Muvattupuzha
Asset Category:Residential
Full Address:Sy. No. 1120/1-15 with TP No. 10826 in Kalloorkkadu Village, Muvattupuzha Taluk, Kalloorkkadu Village, Muvattupuzha
Size:12.95 Ares
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a land property in Muvattupuzha, Ernakulam, Kerala. The auction will take place on November 17, 2025, starting at 10:30 AM and concluding at 5:00 PM. The reserve price is INR 11,02,000, with an Earnest Money Deposit (EMD) of INR 1,10,200. This is a unique chance to bid on a residential land asset.
Borrower Name:Late. Niju Paul
Auction Type:SARFAESI Auction
Guarantor Names:Smt. Reena Niju, Smt. Alice, Mrs. Minna Niju Reena Niju, Dio. Niju Paul
Legal Details
Possession Status:Symbolic
Encumbrance Details:Nil
Why This Property
This land parcel in Muvattupuzha presents a calculated opportunity due to its location and reasonable reserve price. While not a prime investment, the land's potential for development or agricultural use makes it a worthwhile consideration for investors seeking long-term value. However, thorough due diligence is recommended.
Contact Details
Branch:Branch Office : Circle Office
Service Provider:BAANKNET
Contact Details:
Contact no:0471-2960608
