Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611167
Bank Name:HDFC Bank
Branch Name:Regional Office
Reserve Price:₹4,25,000
EMD:₹42,500
Bid Increment:₹10,000
Auction Time:11 am to 1 pm with 5 minutes unlimited extention
Service Provider:bankeauctions.com / C1 India
Important Dates
Submission Date:2025-11-20
Bid Start Date:2025-11-21
Property Description
This auction features a prime plot of land located in Kothamangalam, Ernakulam, Kerala. Perfect for residential development, this asset offers a significant opportunity in a growing region. The property is being auctioned by HDFC Bank under SARFAESI regulations.
State:Kerala
City:Ernakulam
Area:Kothamangalam
Asset Category:Residential
Full Address:Survey No 477/14/37/9A of Pindimana Village, Kothamangalam Taluk, Ernakulam district covered under Doc. No. 291/2000 &2484/10/1, Pindimana Village, Kothamangalam
Size:10 cents
Auction Description
HDFC Bank presents a SARFAESI auction for a valuable land parcel in Kothamangalam, Ernakulam, Kerala. The auction will take place on November 21, 2025, from 11:00 AM to 01:00 PM. The reserve price is set at ₹4,25,000, with an Earnest Money Deposit (EMD) of ₹42,500. This is a unique chance to acquire a desirable property.
Borrower Name:M/s. Near & Safe Tubes N Rods
Auction Type:SARFAESI Auction
Guarantor Names:Reji M V, Noufal V S
Legal Details
Encumbrance Details:There is Revenue Recovery attached on the property.
Why This Property
The property is a residential land in Kothamangalam, a decent location in Ernakulam. The reserve price is relatively affordable, but the presence of Revenue Recovery means prospective buyers must investigate the nature and extent of these encumbrances which adds a risk factor. Overall, it's a calculated opportunity with medium potential.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:bankeauctions.com / C1 India
Contact Details:
S. Sreekala or Shajna Chathoth
Contact no:9349006724/9920685725
