Land for auction Panathady Kasaragod 38 lakh Kerala Gramin Bank

This auction features a parcel of land in Vellarikundu, Kasaragod, Kerala, categorized as residential. The property is being auctioned by Kerala Gramin Bank under the SARFAESI Act. The land is a valuable asset in the Kasaragod district, offering potential for development or personal use. Its location in Vellarikundu provides a serene environment typical of Kerala's landscape. This is a unique opportunity to acquire land in a sought-after region.

Kerala Gramin Bank is conducting a SARFAESI auction for a residential land parcel in Vellarikundu, Kasaragod, Kerala. The auction, under the name of borrower Sri. Sasi AK, will commence on November 12, 2025, at 11:00 AM and conclude at 02:00 PM on the same day. The reserve price for this land is ₹38,32,000, with an Earnest Money Deposit (EMD) of ₹3,83,200 required to participate. This is a single-day online auction event.

The land offers a decent investment potential given its location in Kasaragod. The reserve price is moderate, making it a calculated opportunity for interested buyers. However, further due diligence regarding local market conditions is advised.