Land for auction Mararikkulam North Village Cherthala 10 lakh PNB Housing Finance Limited

Property for Auction in Cherthala, Alappuzha, Kerala

Recommendation
Calculated OpportunityScore: 6.8
Possession
Physical
Reserve Price
9,53,000
Reserve Price
9,53,000
EMD Required
95,300
Property Specifications
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land
Location IconLocation:
Cherthala, Alappuzha
Auction Date IconAuction Date:
26-11-2025 02:00 PM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:614617

Bank Name:PNB Housing Finance Limited

Branch Name:Cochin

Reserve Price:9,53,000

EMD:95,300

Bid Increment:10,000

Auction Time:02pm to 03pm

Service Provider:bankeauctions.com / C1 India

Important Dates

Submission Date:25-11-2025 05:00 PM

Bid Start Date:2023-11-26

Property Description

This auction features a parcel of land located in Cherthala, Alappuzha, Kerala, offered by PNB Housing Finance Limited. The property is categorized as residential land, presenting a potential opportunity for development or personal use. Situated in a prominent area, this land is part of a SARFAESI auction. The reserve price for this asset is ₹9,53,000, with an Earnest Money Deposit (EMD) of ₹95,300 required to participate in the bidding.

State:Kerala

City:Alappuzha

Area:Cherthala

Asset Category:Residential

Full Address:Re.Sy. No.487/7/2 Mararikkulam North Village, Mararikkulam North Village, Cherthala

Auction Description

PNB Housing Finance Limited is conducting a SARFAESI auction for a residential land property in Cherthala, Alappuzha, Kerala. The auction is scheduled to take place on November 26, 2025, with bidding open from 02:00 PM to 03:00 PM. The reserve price is set at ₹9,53,000, and interested bidders must submit an EMD of ₹95,300. This is a valuable opportunity to acquire land in a desirable location through a transparent auction process managed by PNB Housing Finance Limited.

Borrower Name:Sunilkumar E V

Auction Type:SARFAESI Auction

Guarantor Names:Sheela Sunil, Sunil B.O.

Legal Details

Possession Status:Physical

Encumbrance Details:Unknown

Why This Property

The land in Cherthala offers a moderate investment potential due to its location and reserve price. While the area might not be a prime metropolitan hub, the price point and auction terms present a calculated opportunity for investors looking for affordable land options. Further due diligence is recommended to assess local market conditions and future development prospects.

Contact Details

Branch:Branch Office : Cochin

Service Provider:bankeauctions.com / C1 India

Contact Details:

Contact no: —

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