Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609254
Bank Name:Bank of Baroda
Branch Name:Regional Office
Reserve Price:₹42,73,200
EMD:₹4,27,320
Bid Increment:₹10,000
Auction Time:2.00 PM TO 6.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:04-12-2025 05:00 PM
Bid Start Date:2025-12-05
Property Description
Prime land parcel located in the developed area of Kochi Taluk, Ernakulam, Kerala. This residential land offers a significant investment opportunity in a sought-after region. Proximity to urban amenities and infrastructure makes it ideal for future development. The property is being auctioned by Bank of Baroda under SARFAESI Act.
State:Kerala
City:Ernakulam
Area:Kochi Taluk
Asset Category:Residential
Full Address:223/3, Sy. No 223/3 with building No. CC 22/39 (Old No. 17/1849B), Rameswaram Village, Kochi Taluk, Ernakulam District, Rameswaram Village, Ernakulam
Size:0.76 Ares
Auction Description
Bank of Baroda presents a SARFAESI auction for a valuable parcel of land in Kochi Taluk, Ernakulam. The auction commences on December 5, 2025, at 10:00 AM and concludes at 6:00 PM on the same day. The reserve price is set at INR 42,73,200, with an Earnest Money Deposit (EMD) of INR 4,27,320 required to participate. This is a direct opportunity to acquire a significant asset in a prime Kerala location.
Borrower Name:Mr. Varghese Thomas
Auction Type:SARFAESI Auction
Guarantor Names:Shanti V J, Diya Varghese, Mr. Varghese Thomas
Legal Details
Possession Status:Symbolic
Encumbrance Details:NIL
Why This Property
The land in Kochi presents a calculated opportunity due to its location and size, though the symbolic possession might require further due diligence. The reserve price appears reasonable, and the auction terms are standard, making it an option for informed investors willing to assess the encumbrance status thoroughly.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Chief Manager & Authorised Officer
Contact no:0484-2224822
