Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613860
Bank Name:IDBI Bank
Branch Name:Regional Office
Reserve Price:₹77,29,200
EMD:₹7,72,920
Service Provider:BAANKNET
Important Dates
Submission Date:21-11-2025 05:00 PM
Bid Start Date:2025-11-24
Property Description
This is a SARFAESI auction for a residential land parcel located in Maradu, Ernakulam, Kerala. The property is registered under the name of Smt Teera Thomas. It represents a valuable opportunity to acquire land in a desirable area of Ernakulam.
State:Kerala
City:Ernakulam
Area:Maradu
Asset Category:Residential
Full Address:Old Sy. No. 523 in Poonithura Village, Cochin Corporation Door No. 30/1852D, Maradu, Ernakulam
Size:3.42 Ares
Auction Description
IDBI Bank is conducting an online SARFAESI auction for a residential land in Maradu, Ernakulam, Kerala. The auction will take place on November 24, 2025, from 10:00 AM to 12:00 PM. The reserve price for this auction is ₹77,29,200, with an Earnest Money Deposit (EMD) of ₹7,72,920 required to participate.
Borrower Name:Smt Teera Thomas
Auction Type:SARFAESI Auction
Guarantor Names:Shri. Sam Thomas, Smt. Aniamma Thomas
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property's location in Ernakulam and its land classification suggest potential value, but the specific market conditions need to be carefully assessed. The reserve price seems aligned with general land values in the area, however, due diligence is necessary to evaluate its suitability for intended purposes.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Authorised Officer
Contact no: —
