Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610480
Bank Name:South Indian Bank
Branch Name:REGIONAL OFFICE : THIRUVALLA
Reserve Price:₹41,00,940
EMD:₹4,10,094
Bid Increment:₹10,000
Auction Time:10:00 AM to 11:00 AM
Service Provider:bankauctions.in
Important Dates
Submission Date:2025-11-25
Bid Start Date:2025-11-26
Property Description
Prime land available in Kottayam, Kerala, offered through a SARFAESI auction by South Indian Bank. Situated in the Kottayam area, this residential land presents a valuable opportunity for investment or development. The property is part of the estate of Mr. John Thomas. Its location in Kottayam offers convenient access to city amenities.
State:Kerala
City:Kottayam
Area:Kottayam
Asset Category:Residential
Full Address:Old Sy No. 498/6, 494/4 Re Sy No. 324/4-1 Block No. 18, Nedumkunnam Village, Changanassery Taluk, Nedumkunnam, Kottayam
Size:6.07 Ares
Auction Description
South Indian Bank is conducting a SARFAESI auction for a land parcel in Kottayam, Kerala. The auction will take place on November 26, 2025, from 10:00 AM to 11:00 AM. The reserve price for this valuable land is ₹41,00,940, with an Earnest Money Deposit (EMD) of ₹4,10,094. This is a unique chance to acquire property in Kottayam through a transparent bank auction process.
Borrower Name:Mr. John Thomas
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Smitha Thomas
Legal Details
Possession Status:Physical
Encumbrance Details:No encumbrance
Why This Property
This land in Kottayam presents a calculated opportunity due to its manageable size and location. While the price is reasonable, prospective buyers should thoroughly investigate the property's potential and local market conditions before bidding. The presence of clear title and physical possession are positive factors.
Contact Details
Branch:Branch Office : REGIONAL OFFICE : THIRUVALLA
Service Provider:bankauctions.in
Contact Details:
Contact no:8714486699
