Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609969
Bank Name:Cholamandalam Investment And Finance Company Limited
Branch Name:Corporate Office : Chennai
Reserve Price:₹22,95,000
EMD:₹2,29,500
Bid Increment:₹10,000
Auction Time:02:00 PM to 04:00 PM
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-19
Bid Start Date:2025-11-20
Property Description
This is a bank auction for a plot of land located in Aadoor Taluk, Pathanamthitta, Kerala. The property is categorized as residential land and is being auctioned by Cholamandalam Investment And Finance Company Limited under the SARFAESI Act. The land is situated in a developing area, offering potential for residential construction. It is an opportunity to acquire land in the Pathanamthitta district.
State:Kerala
City:Pathanamthitta
Area:Aadoor Taluk
Asset Category:Residential
Full Address:Old Survey no. 245/19B, Re Sy 317/2-1, Re Sy block number 21, in kodumon village Adoor Taluk, Adoor Sub district, Pathanamthitta District, Kodumon, Pathanamthitta
Size:3 ares
Auction Description
Cholamandalam Investment And Finance Company Limited is conducting a SARFAESI auction for a residential land property in Aadoor Taluk, Pathanamthitta, Kerala. The auction has a reserve price of INR 22,95,000 and requires an EMD of INR 2,29,500. The auction will take place on November 20, 2025, from 2:00 PM to 4:00 PM. This is a legal process to recover dues from the borrower, Mrilirs. Lalu Santhosh.
Borrower Name:Mrilirs. Lalu Santhosh
Auction Type:SARFAESI Auction
Guarantor Names:Ardra Santhosh, Nizamudeen Shahulhameed
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The land in Adoor, Pathanamthitta presents a moderate investment opportunity. While the location is relatively rural, the reserve price seems reasonable. Potential investors should conduct thorough due diligence and assess the local market conditions.
Contact Details
Branch:Branch Office : Corporate Office : Chennai
Service Provider:Public Auction
Contact Details:
Vimal Prasad
Contact no:9846358600
