Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610703
Bank Name:Kotak Mahindra Bank
Branch Name:Registered Office: Mumbai
Reserve Price:₹1,24,00,000
EMD:₹12,40,000
Auction Time:01:00 p.m. to 02:00 p.m.
Service Provider:bankeauctions.com / C1 India
Important Dates
Submission Date:2025-11-19
Bid Start Date:2025-11-20
Property Description
Prime land parcel located in Mala, Thrissur, Kerala. This residential land offers a great opportunity for development or personal use in a well-connected area. Situated in a growing region, it presents potential for future appreciation. The property is offered by Kotak Mahindra Bank through a SARFAESI auction.
State:Kerala
City:Thrissur
Area:Mala
Asset Category:Residential
Full Address:Sy no 250/3 measuring 20.23 Ares, Mala, Thrissur
Size:20.23 Ares
Auction Description
Kotak Mahindra Bank is conducting a SARFAESI auction for a valuable land property in Mala, Thrissur, Kerala. The auction has a reserve price of ₹1,24,00,000 and an Earnest Money Deposit (EMD) of ₹12,40,000. The auction will take place on November 20, 2025, starting at 01:00 PM and concluding at 02:00 PM. This is a significant opportunity to acquire land in a sought-after location.
Borrower Name:Mr. OK Biju
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The land in Mala, Thrissur, presents a calculated opportunity due to its location and size. The reserve price and EMD are considerable, suggesting a moderate investment risk. The property's proximity to PWD Road enhances its accessibility, but a detailed due diligence is advised before bidding.
Contact Details
Branch:Branch Office : Registered Office: Mumbai
Service Provider:bankeauctions.com / C1 India
Contact Details:
Mr. B.Y.Arjun Dev
Contact no:+91-9880963608
