Land for auction Nattika Beach Thrissur 15 lakh Tamilnad Mercantile Bank Limited

This auction features a prime piece of land located in Chavalkkad Taluk, Thrissur, Kerala. This residential plot is being offered by Tamilnad Mercantile Bank Limited. The property is part of a SARFAESI auction, presenting a unique opportunity for investors and buyers. The reserve price is set at INR 15,00,000, with an EMD of INR 1,50,000 required for participation. Situated in a developing area of Thrissur, this land is ideal for constructing a home or for future real estate ventures.

Tamilnad Mercantile Bank Limited is conducting a SARFAESI auction for a valuable land parcel in Chavalkkad Taluk, Thrissur, Kerala. The auction will take place on December 4, 2025, with bidding open from 3:00 PM to 4:00 PM. The reserve price for this property is INR 15,00,000, and participants must submit an Earnest Money Deposit (EMD) of INR 1,50,000. This is a significant opportunity to acquire property in a growing region of Kerala. The auction is being held under the SARFAESI Act.

This land offers a moderate investment opportunity due to its location in Nattika Beach and the presence of a bank auction. The reserve price and EMD are reasonable, but potential investors should investigate local market conditions. The recommendation is 'Calculated Opportunity' because while the location is good, further due diligence is required to confirm the property's value.