Land for Auction Puthunagaram Palakkad 40 Lakh by Cholamandalam Investment and Finance Company Limited 15 Jul 2026
Puthunagaram, Palakkad
Area: 3.65 Ares
Puthunagaram Village, Koduvayoor Taluk, Chittur, Palakkad District, Kerala.
Cholamandalam Investment And Finance Company Limited · Corporate office
Reserve price
₹40,00,000
EMD ₹4,00,000
Auction date
15 Jul 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 3.65 Ares
- ▸Locality: Puthunagaram
- ▸Reserve: ₹40,00,000
- ▸EMD: ₹4,00,000
Auction snapshot
| Possession | Symbolic |
| Property type | Land · Residential |
| Locality | Puthunagaram |
| Built-up / plot area | 3.65 Ares |
| Lender | Cholamandalam Investment And Finance Company Limited |
| Branch | Corporate office |
| Unit / flat no. | Re-Survey No. 482/7 (Sub-divisions 7 & 7-1), Old Survey No. 22/15 (Sub-divisions 15 & 15), House No. 8/180 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | bankauctions.in |
About this property
Land bank auction in Puthunagaram, Palakkad by Cholamandalam Investment And Finance Company Limited — reserve price ₹40,00,000, 3.65 Ares, Symbolic possession.
Discover a valuable bank auction property: two land parcels totaling 3.65 Ares (approximately 9 cents) available for sale in Puthunagaram Village, Chittur Taluk, Palakkad District, Kerala. This Jenmom Purayidam type land, accessible via a PWD road, is identified by Re-Survey No. 482/7 and Old Survey No. 22/15, with a referencing House No. 8/180. Offered by Cholamandalam Investment And Finance Company Limited, the property holds a reserve price of ₹40,00,000, with an EMD of ₹4,00,000. The e-auction is scheduled for July 15, 2026. Inspections are available on July 9th and 10th, 2026. This plot for sale presents a significant investment opportunity in a well-defined locality, though it comes with symbolic possession. Ideal for future development or as a long-term asset.
GeoSquare note: This property comprises two land parcels totaling 3.65 Ares in Puthunagaram, Palakkad, with PWD road access and well-defined boundaries, enhancing its appeal. The reserve price of ₹40,00,000 for approx 9 cents is reasonable for a developed area in Kerala. However, the symbolic possession status means the buyer will need to manage the eviction process, adding a layer of risk and potential cost, making it a fair investment for informed buyers.
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