Land for auction Perinthelmanna Malappuram 9 Cr ICICI Bank

Property for Auction in Perintalmanna, Malappuram, Kerala

Recommendation
Calculated OpportunityScore: 6.5
Possession
Physical
Size
47020 sq. ft
Reserve Price
9,20,00,000
Reserve Price
9,20,00,000
EMD Required
92,00,000
Property Specifications
Size47020 sq. ft
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land
Location IconLocation:
Perintalmanna, Malappuram
Auction Date IconAuction Date:
21-11-2025 10:30 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.5

Auction ID:609843

Bank Name:ICICI Bank

Branch Name:Zonal Office : Jabalpur

Reserve Price:9,20,00,000

EMD:92,00,000

Auction Time:10:30 AM to 11.30 AM

Service Provider:disposalhub.com

Important Dates

Submission Date:2025-11-20

Bid Start Date:2025-11-21

Property Description

Prime land parcel located in Perintalmanna, Malappuram, Kerala. This significant plot offers excellent development potential within a well-connected urban area. Suitable for a variety of residential or commercial projects, this land represents a valuable opportunity in a growing region.

State:Kerala

City:Malappuram

Area:Perintalmanna

Asset Category:Residential

Full Address:SY No. 79/3-2, 79/15, 79/8 Perithelmanna Village, Perinthelmanna Taluk, Malapuram District 679322, Perinthelmanna, Malappuram

Size:47020 sq. ft

Auction Description

ICICI Bank presents a SARFAESI auction for a prime land asset in Perintalmanna, Malappuram. The auction will take place on November 21, 2025, from 10:30 AM to 11:30 AM. The reserve price is set at ₹9,20,00,000 with an Earnest Money Deposit (EMD) of ₹92,00,000. This is a unique opportunity to acquire a substantial piece of land in Kerala.

Borrower Name:M/s National Steel Company

Auction Type:SARFAESI Auction

Guarantor Names:Mr. Subin Joseph, Mr. Joby Raphel

Legal Details

Possession Status:Physical

Encumbrance Details:Not Known to Bank

Why This Property

The property is a large land parcel in a developing area of Kerala. While the reserve price is substantial, the size and location present a potential investment opportunity. Further due diligence is recommended to assess local market conditions.

Contact Details

Branch:Branch Office : Zonal Office : Jabalpur

Service Provider:disposalhub.com

Contact Details:

Contact no:9655225532/8138023587

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