Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:613875
Bank Name:Kerala Gramin Bank
Branch Name:Head Office : Malappuram
Reserve Price:₹10,16,000
EMD:₹1,01,600
Auction Time:11:00 AM to 12:00 PM
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-19
Bid Start Date:2025-11-24
Property Description
This is a prime plot of land located in the desirable Pathanamthitta V area of Pathanamthitta, Kerala. Ideal for residential development, this asset offers a significant opportunity for investors and individuals seeking to build their dream home in a well-connected region. The property is being auctioned by Kerala Gramin Bank, presenting a chance to acquire valuable real estate.
State:Kerala
City:Pathanamthitta
Area:Pathanamthitta V
Asset Category:Residential
Full Address:Sy No. 132/17/2 in Mylam Village, Mylam Village, Pathanamthitta
Size:5 Acres
Auction Description
Kerala Gramin Bank is conducting a SARFAESI auction for a valuable plot of land in Pathanamthitta V, Pathanamthitta. The auction will take place on November 24, 2025, between 11:00 AM and 12:00 PM. The reserve price for this residential land is ₹10,16,000, with an EMD of ₹1,01,600 required to participate. Don't miss this opportunity to bid on this promising property.
Borrower Name:Sri. Jayakumar
Auction Type:SARFAESI Auction
Guarantor Names:Sri. Raghavan, Smt. Santha
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a decent investment opportunity due to its size and location. However, the relatively low price suggests potential encumbrances or limited development options. Further due diligence is recommended to assess long term benefits before making any decisions.
Contact Details
Branch:Branch Office : Head Office : Malappuram
Service Provider:Public Auction
Contact Details:
JOBY JOSEPH
Contact no:9400999572
