Property for Auction in Adoor, Pathanamthitta, Kerala
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611472
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹57,00,000
EMD:₹5,70,000
Service Provider:BAANKNET
Submission Date:24-11-2025 05:00 PM
Bid Start Date:25-11-2025 10:30 AM
Prime agricultural land located in Adoor, Pathanamthitta, Kerala. This plot is part of a SARFAESI auction conducted by Canara Bank. The property, formerly associated with M/s Ashtalekshmi Cashew, presents a significant opportunity for development or investment in a thriving region. Its location in Adoor offers potential for various land-use purposes. Ideal for those looking to acquire land in a well-connected part of Kerala.
State:Kerala
City:Pathanamthitta
Area:Adoor
Asset Category:Residential
Full Address:47.89 Ares of land comprise of 21.10 Ares in Re Sy No 416/8 & 26.79 ares in 416/7 with cashew factory(dilapidated condition) in Block No 35 Pallickal Village Adoor Taluk, Pathanamthitta District covered by document No. 1721/2007, Pallickal Village, Adoor
Size:47.89 Ares
Canara Bank is holding a SARFAESI auction for a valuable land parcel in Adoor, Pathanamthitta, Kerala. The auction has a reserve price of INR 57,00,000 and requires an Earnest Money Deposit (EMD) of INR 5,70,000. The auction will take place online on November 25, 2025, commencing at 10:30 AM and concluding at 11:30 AM. Don't miss this chance to bid on a promising property.
Borrower Name:M/s Ashtalekshmi Cashew
Auction Type:SARFAESI Auction
Guarantor Names:Smt Gayathri S, Sri Sasikesh G.S.
The property offers a potential investment in a rural location with existing infrastructure (cashew factory). The reserve price should be carefully evaluated against the condition of the factory and local market values. Given its location and potential, further due diligence is recommended before bidding.
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
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