Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:614576
Bank Name:HDFC Bank
Branch Name:Reg Office : Mumbai
Reserve Price:₹7,25,000
EMD:₹72,500
Auction Time:At 10.15 AM
Service Provider:bankeauctions.com / C1 India
Important Dates
Submission Date:2025-12-12
Bid Start Date:2025-12-15
Property Description
This is a SARFAESI auction conducted by HDFC Bank for a residential land parcel located in Kottarakkara, Kollam, Kerala. The property is associated with borrower Mr. Binoy Raju. This is a prime opportunity to acquire land in a developing area of Kerala.
State:Kerala
City:Kollam
Area:Kottarakkara
Asset Category:Residential
Full Address:Re-Survey No. 168/23, 169/2/1, 169/2/2, 169/2/3, Old Sy, No. 419/21 of Melila Village, Melila Village, Kollam
Size:1004 Sq.M.
Auction Description
HDFC Bank is holding a SARFAESI auction for a residential land in Kottarakkara, Kollam, Kerala on November 15, 2025, from 10:00 AM to 03:00 PM. The reserve price is ₹7,25,000, with an Earnest Money Deposit (EMD) of ₹72,500 required. This auction provides a chance to purchase property under the SARFAESI Act.
Borrower Name:Mr. Binoy Raju
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Actual
Encumbrance Details:Not Known to Bank
Why This Property
The land in Kottarakkara presents a calculated opportunity given its location and reserve price. While it requires due diligence, the price point and land size may appeal to local investors. The terms of the auction appear standard.
Contact Details
Branch:Branch Office : Reg Office : Mumbai
Service Provider:bankeauctions.com / C1 India
Contact Details:
Contact no:9526232777
