Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610106
Bank Name:ICICI Bank
Branch Name:Branch Office : Cochin
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 Perakamanna, Malappuram, Kerala. This residential land offers a significant development opportunity in a growing region. The property is situated in an accessible area, making it attractive for various purposes. Ideal for investors or developers seeking a valuable asset in a sought-after location.
State:Kerala
City:Malappuram
Area:Perakamanna
Asset Category:Residential
Full Address:SY No. 79/3-2, 79/15, 79/8 Perithelmanna Village, Perinthelmanna Taluk, Malapuram District 679322, Perithelmanna, Malappuram
Size:47020 Sq. ft
Auction Description
ICICI Bank presents a SARFAESI auction for a valuable land property in Perakamanna, Malappuram, Kerala. The auction features a reserve price of 9,20,00,000 and an EMD of 92,00,000. The auction will take place on November 21, 2025, from 10:30 AM to 11:30 AM. This is a unique opportunity to acquire a significant asset formerly associated with M/s National Steel Company.
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 plot of land in Kerala, offered at a significant reserve price. While the location could be advantageous, the high price point necessitates thorough due diligence. It's a 'Calculated Opportunity' requiring careful assessment of local market conditions and potential for appreciation.
Contact Details
Branch:Branch Office : Branch Office : Cochin
Service Provider:disposalhub.com
Contact Details:
Contact no:9655225532/8138023587
