Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:609765
Bank Name:Punjab National Bank
Branch Name:Circle Office
Reserve Price:₹15,21,000
EMD:₹1,52,000
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
A prime piece of land located in Thiruvalla, Pathanamthitta, Kerala, offered for sale by Punjab National Bank through a SARFAESI auction. This residential land presents a unique opportunity for development or personal use. Situated in a well-connected area, it offers accessibility and potential for growth. Ideal for investors or individuals looking to acquire property in a desirable location.
State:Kerala
City:Pathanamthitta
Area:Thiruvalla
Asset Category:Residential
Full Address:Palethu house, Kuttoor P.O. Thiruvalla, Pathanamthitta - 689106, Kuttoor Village, Thiruvalla
Size:2.22+0.06 Ares
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a land parcel in Thiruvalla, Pathanamthitta, Kerala. The auction will take place on 17-11-2025, commencing at 10:30 AM and concluding at 05:00 PM. The reserve price for this property is ₹15,21,000, with an Earnest Money Deposit (EMD) of ₹1,52,000 required. This is a fantastic opportunity to bid on a valuable asset with clear title, directly from the bank.
Borrower Name:Mr. Rahul R Nair
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Veena R Nair, Mrs. Maniyamma (Known Legal Hier of Lekha Nair)
Legal Details
Possession Status:Symbolic
Encumbrance Details:NI
Why This Property
The land offers a decent investment potential given its location in Thiruvalla. The reserve price appears reasonable, but a thorough on-site assessment is crucial. Auction terms are standard, indicating a calculated opportunity for prospective buyers.
Contact Details
Branch:Branch Office : Circle Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
