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

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.

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.

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.