Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612602
Bank Name:DCB Bank
Branch Name:Registred Office : Mumbai
Reserve Price:₹24,00,000
EMD:₹2,40,000
Bid Increment:₹10,000
Auction Time:11.30 am – 1.00 pm
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-12
Bid Start Date:2025-12-12
Property Description
This is a SARFAESI auction for a parcel of land located in Kottayam, Kerala. The property is situated in the Kottayam area and is categorized as residential. The land offers a potential opportunity for development or investment in a prime location within the city.
State:Kerala
City:Kottayam
Area:Kottayam
Asset Category:Residential
Full Address:Sy No 96/2-4, Re-Survey No: 146/13-1, Block No: 17, Puliyanoor Village, Kottayam
Size:2.02 Ares
Auction Description
DCB Bank is conducting a SARFAESI auction for a land property in Kottayam, Kerala. The auction is scheduled for December 12, 2025, with bidding open from 11:30 AM to 01:00 PM. The reserve price for this property is ₹24,00,000, and the EMD (Earnest Money Deposit) is ₹2,40,000. This is a significant opportunity for interested buyers to acquire land through a transparent bank auction process.
Borrower Name:Mr. Sreejesh V G
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Drishya K S
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property, a 2.02 Ares land parcel with a residential building in Kottayam, presents a calculated opportunity. With a reserve price of ₹24,00,000 and physical possession offered, it is a decent investment but requires thorough due diligence regarding local market dynamics.
Contact Details
Branch:Branch Office : Registred Office : Mumbai
Service Provider:Public Auction
Contact Details:
T.Jaya Prakash Reddy
Contact no:8142000064
