Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:610096
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 valuable plot of land located in the Aadoor Taluk of Pathanamthitta, Kerala. The property is being auctioned by Cholamandalam Investment And Finance Company Limited. It is a SARFAESI auction for a residential asset, specifically a land parcel. The land offers potential for residential development or investment in a growing region.
State:Kerala
City:Pathanamthitta
Area:Aadoor Taluk
Asset Category:Residential
Full Address:Old Survey no 245/198, Re Sy 317/2-1, Re Sy block number 21, in kodumon village Adoor Taluk, Adoor Sub district, Pathanamthitta District, Kodumon Village, Pathanamthitta
Size:3 ares
Auction Description
Cholamandalam Investment And Finance Company Limited is conducting a SARFAESI auction for a land property in Aadoor Taluk, Pathanamthitta, Kerala. The auction is for the asset of Mr/Mrs. Lalu Santhosh. The reserve price is set at ₹22,95,000.00, with an Earnest Money Deposit (EMD) of ₹2,29,500.00. The auction will take place on November 20, 2025, with bidding open from 02:00 PM to 04:00 PM. This is a prime opportunity to acquire land in a desirable Kerala location.
Borrower Name:Mr/Mrs. Lalu Santhosh
Auction Type:SARFAESI Auction
Guarantor Names:Mr/Mrs. Ardra Santhosh, Nizamudeen Shahulhameed
Legal Details
Possession Status:Possession
Encumbrance Details:Not Known to Bank
Why This Property
The land offers a decent investment opportunity due to its location in Pathanamthitta and the specified size. The reserve price and EMD are reasonable, but potential investors should conduct a thorough site assessment. The 'Calculated Opportunity' rating reflects the balance between potential and the need for careful due diligence.
Contact Details
Branch:Branch Office : Corporate Office : Chennai
Service Provider:Public Auction
Contact Details:
Vimal Prasad
Contact no:9846358600
