Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612987
Bank Name:KADUTHURUTHY URBAN CO-OPERATIVE BANK LTD
Branch Name:Head Office : Kaduuthuruthy
Reserve Price:₹86,00,000
EMD:₹8,60,000
Auction Time:Before 1 P.M
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-25
Bid Start Date:2025-11-25
Property Description
This is a prime plot of land located in the scenic Vaikom area of Kottayam, Kerala. Ideal for residential development, this asset is being auctioned by KADUTHURUTHY URBAN CO-OPERATIVE BANK LTD. The property offers a great opportunity for investment in a developing region.
State:Kerala
City:Kottayam
Area:Vaikom
Asset Category:Residential
Full Address:Re. Sy No. 499/5, Neezhoor Village, Vaikom Taluk, Kottayam District, Neezhoor, Kottayam
Size:28.55 Ares
Auction Description
KADUTHURUTHY URBAN CO-OPERATIVE BANK LTD is conducting a SARFAESI auction for a valuable plot of land in Vaikom, Kottayam. The reserve price is set at 86,00,000 INR, with an Earnest Money Deposit (EMD) of 8,60,000 INR. The auction will take place on November 26, 2025, starting at 11:00 AM and concluding at 01:00 PM. Don't miss this chance to acquire a significant land asset.
Borrower Name:V Alex
Auction Type:SARFAESI Auction
Guarantor Names:Ambily Liji, Slowmol Alexander
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property's location in Vaikom, Kottayam, suggests moderate investment potential. While it's a land parcel being auctioned, the auction terms require careful evaluation. It's a calculated opportunity considering the location and type of property.
Contact Details
Branch:Branch Office : Head Office : Kaduuthuruthy
Service Provider:Public Auction
Contact Details:
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