Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613739
Bank Name:Cholamandalam Investment And Finance Company Limited
Branch Name:Chennai
Reserve Price:₹28,71,450
EMD:₹2,87,145
Bid Increment:₹10,000
Auction Time:02:00 P.M. to 04:00 P.M.
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-25
Bid Start Date:2025-11-26
Property Description
This is a bank auction for a parcel of land located in Puthur, Thrissur, Kerala. The property is a residential asset and is being auctioned by Cholamandalam Investment And Finance Company Limited under the SARFAESI Act. The land is situated in a developed area, offering potential for residential development. It presents a unique opportunity for investors or individuals looking to acquire property in the Thrissur region.
State:Kerala
City:Thrissur
Area:Puthur,
Asset Category:Residential
Full Address:Ponnukkaran House, Ponnukkara PO. Puthur, Nr. Post Office, Mukundapuram, Kerala - 680306, Puthur, Thrissur
Size:3.13 ares
Auction Description
Cholamandalam Investment And Finance Company Limited is conducting a SARFAESI auction for a land parcel in Puthur, Thrissur, Kerala. The auction will take place on November 26, 2025, from 2:00 PM to 4:00 PM. The reserve price for this residential land is INR 28,71,450.00, with an Earnest Money Deposit (EMD) of INR 2,87,145.00 required to participate. This is a prime opportunity to bid on a valuable asset in a sought-after location.
Borrower Name:Mr/Mrs. Sanoj
Auction Type:SARFAESI Auction
Guarantor Names:Mr/Mrs. Jyothilakshmi K R
Legal Details
Possession Status:Symbolic
Encumbrance Details:There are no encumbrances
Why This Property
This land parcel in Puthur, Thrissur, presents a calculated opportunity due to its reasonable reserve price and clear encumbrance status. While not a prime investment, the location and land size offer potential for future appreciation. Further due diligence on local market conditions is advised before bidding.
Contact Details
Branch:Branch Office : Chennai
Service Provider:Public Auction
Contact Details:
Mr. Manikandan M G/Mrs. Komal Sharma
Contact no:9895971055/8870464652
