Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:610712
Bank Name:Kotak Mahindra Bank
Branch Name:Registered Office: Mumbai
Reserve Price:₹1,48,00,000
EMD:₹14,80,000
Auction Time:01:00 p.m. to 02:00 p.m.
Service Provider:bankeauctions.com / C1 India
Important Dates
Submission Date:2020-11-19
Bid Start Date:2020-11-20
Property Description
Kotak Mahindra Bank presents a prime land auction opportunity in Kuttanellur, Thrissur, Kerala. This residential land parcel, previously owned by Mr. OK Roy, is offered under the SARFAESI Act. Located in a well-connected area of Thrissur, this is an ideal plot for development or investment. The property promises significant potential in a growing region. Don't miss this chance to acquire a valuable asset in Kerala.
State:Kerala
City:Thrissur
Area:Kuttanellur
Asset Category:Residential
Full Address:Re Survey No 2/19 (Sy No 398/10) and an extent of 1.82 Ares in Re-Survey no 2/88 (survey No 398/10), Ollur Kars Ancheri Limit, Kuttanellur, Thrissur
Size:2.34 Ares
Auction Description
Seize the opportunity at Kotak Mahindra Bank's SARFAESI auction for a valuable land parcel in Kuttanellur, Thrissur. The auction commences on November 20, 2025, at 01:00 PM and concludes at 02:00 PM on the same day. The reserve price is set at ₹1,48,00,000, with an Earnest Money Deposit (EMD) of ₹14,80,000 required. This is a direct sale from the bank, offering a transparent and secure transaction process for acquiring this desirable property.
Borrower Name:MrOK Roy
Auction Type:SARFAESI Auction
Guarantor Names:Mr. O.K Joju, Mr. O.K Biju
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land parcel in a developing area of Thrissur. While the location offers potential, the reserve price and limited information suggest a calculated approach is needed. Further due diligence is recommended before bidding.
Contact Details
Branch:Branch Office : Registered Office: Mumbai
Service Provider:bankeauctions.com / C1 India
Contact Details:
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