Land for auction Pudussery Central Village Palakkad 28 lakh Indian Bank

Property for Auction in Pudussery, Palakkad, Kerala

Recommendation
Calculated OpportunityScore: 6.5
Size
0.0346 hectares
Reserve Price
28,00,000
Reserve Price
28,00,000
EMD Required
2,80,000
Property Specifications
Size0.0346 hectares
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land
Location IconLocation:
Pudussery, Palakkad
Auction Date IconAuction Date:
10-12-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.5

Auction ID:611812

Bank Name:Indian Bank

Branch Name:Zonal Office

Reserve Price:28,00,000

EMD:2,80,000

Auction Time:11:00 AM TO 05:00 PM

Service Provider:BAANKNET

Important Dates

Submission Date:09-12-2025 05:00 PM

Bid Start Date:2025-12-10

Property Description

Prime plot of land located in Pudussery, Palakkad, Kerala. This residential land offers a fantastic opportunity for development or investment in a rapidly growing area. Situated in a well-connected locality, it provides easy access to essential amenities and transport links. Ideal for building your dream home or for commercial ventures. This is a direct land auction, presenting a clear title and ready for transfer.

State:Kerala

City:Palakkad

Area:Pudussery

Asset Category:Residential

Full Address:Re SY no 225/3, 225/1 at block no 35 Puduserry Central Village, Palakkad taluk, Pudussery Central Village, Palakkad

Size:0.0346 hectares

Auction Description

Indian Bank presents a SARFAESI auction for a valuable plot of land in Pudussery, Palakkad, Kerala. The auction will take place on 10-12-2025, starting at 11:00 AM and closing at 05:00 PM. The reserve price is set at INR 28,00,000, with an Earnest Money Deposit (EMD) of INR 2,80,000 required to participate. This is a unique chance to acquire a significant asset directly from the bank. Don't miss this opportunity to bid on a promising piece of real estate.

Borrower Name:M/s ABEL VZAC Garment Manufacturers India Pvt Ltd

Auction Type:SARFAESI Auction

Guarantor Names:Mr. Issac Varghese, Mrs. Raseena K, Mr Balakrishnan V

Legal Details

Encumbrance Details:Nil as per Bank record

Why This Property

The property offers a decent investment opportunity given its location in Palakkad and relatively affordable reserve price. As it is agricultural land, the return on investment would depend on its usability and development potential. Requires careful assessment of local market conditions and long-term prospects.

Contact Details

Branch:Branch Office : Zonal Office

Service Provider:BAANKNET

Contact Details:

Contact no:8291220220

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