Land for auction Peringandoor Thrissur 18 lakh PNB Housing Finance Limited

PNB Housing Finance Limited is conducting a SARFAESI auction for a parcel of land located in Talappilly, Thrissur, Kerala. This residential asset, previously held by Kamal K K, presents a unique opportunity in a key locality. The land is offered as part of a bank auction, providing a chance for interested parties to acquire property directly from the financial institution. Prospective buyers should conduct their own due diligence regarding zoning, development potential, and any existing encumbrances. The auction is facilitated by PNB Housing Finance Limited.

This is a SARFAESI auction hosted by PNB Housing Finance Limited for a land property in Talappilly, Thrissur, Kerala. The auction will commence on November 26, 2025, at 02:00 PM and conclude on the same day at 03:00 PM. The reserve price for this auction is INR 17,90,000, with an Earnest Money Deposit (EMD) of INR 1,79,000 required to participate. This is a single-lot auction for a residential land asset. All interested bidders must ensure they meet the eligibility criteria and submit the EMD before the auction closes. Terms and conditions of the auction are available from the bank.

The property is a land located in a developing area of Thrissur, Kerala. The reserve price appears reasonable, presenting a calculated investment opportunity. However, due diligence is crucial to assess local market conditions and future appreciation potential before bidding.