Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:614608
Bank Name:PNB Housing Finance Limited
Branch Name:Cochin
Reserve Price:₹22,51,000
EMD:₹2,25,100
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 is a land property located in Talappilly, Thrissur, Kerala, brought to auction by PNB Housing Finance Limited. The asset category is residential, offering a potential opportunity for development or investment. The property is part of a SARFAESI auction process, initiated due to default by the borrower, Rasheed K M.
State:Kerala
City:Thrissur
Area:Talappilly
Asset Category:Residential
Full Address:RE SY NO.210/1-20, MULLURKKARA VILLAGE, TALAPILLY TALUK, MULLURKKARA, Thrissur, Kerala-680583, Thrissur, India, Mullurkkara, Thrissur
Auction Description
PNB Housing Finance Limited is conducting a SARFAESI auction for a land property in Talappilly, Thrissur, Kerala. The auction will take place on November 26, 2025, from 2:00 PM to 3:00 PM. The reserve price for this land is INR 22,51,000, with an Earnest Money Deposit (EMD) of INR 2,25,100 required to participate. This is a direct opportunity to acquire a residential land parcel in a key location within Kerala.
Borrower Name:Rasheed K M
Auction Type:SARFAESI Auction
Guarantor Names:Sabinas V A, B.O.: THRISSUR
Legal Details
Possession Status:Physical
Encumbrance Details:Unknown
Why This Property
The land in Talappilly, Thrissur, presents a calculated opportunity due to its location and the details of the bank auction. While the reserve price is reasonable, further due diligence regarding local market conditions and potential usage of the land is recommended before making a bid.
Contact Details
Branch:Branch Office : Cochin
Service Provider:bankeauctions.com / C1 India
Contact Details:
Contact no: —
