Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613862
Bank Name:IDBI Bank
Branch Name:Regional Office
Reserve Price:₹45,17,250
EMD:₹4,51,725
Service Provider:BAANKNET
Important Dates
Submission Date:09-12-2025 05:00 PM
Bid Start Date:2025-12-10
Property Description
This auction features a parcel of land located in Mulamthuruthy, Ernakulam, Kerala. The property is classified under the residential asset category and is being auctioned by IDBI Bank under SARFAESI regulations. Ideal for development or personal use, this land offers a great opportunity in a sought-after area.
State:Kerala
City:Ernakulam
Area:Mulamthuruthy
Asset Category:Residential
Full Address:Old Sy No.1161/2, 1159/2,3, 1158/5, 1157/2,4 and 1155/4 made up of 1.44 Ares in Re Sy No. 167/7/1/4 and 0.49 Ares in Re Sy No. 167/8/1/6, Mulamthuruthy, Ernakulam
Size:1.93 Ares
Auction Description
IDBI Bank presents a SARFAESI auction for a residential land parcel in Mulamthuruthy, Ernakulam, Kerala. The auction is scheduled for December 10, 2025, from 10:00 AM to 12:00 PM. The reserve price is set at ₹45,17,250, with an Earnest Money Deposit (EMD) of ₹4,51,725. This is a prime opportunity to acquire property directly from the bank.
Borrower Name:Shri Arundev VT
Auction Type:SARFAESI Auction
Guarantor Names:Smt. Athira S Dev
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The land in Mulamthuruthy presents a reasonable investment opportunity, given its location and size. The reserve price is competitive, but potential buyers should thoroughly investigate local market trends and conduct a site visit. This property requires a calculated approach, balancing the price against location advantages.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
