Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609953
Bank Name:State Bank of India
Branch Name:Stressed Asset Recovery Branch
Reserve Price:₹2,87,75,000
EMD:₹28,77,500
Bid Increment:₹50,000
Auction Time:11:00 AM to 4:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:13-11-2025 05:00 PM
Bid Start Date:2025-11-14
Property Description
This is a prime land parcel located in the Thalapilly area of Thrissur, Kerala. The property is categorized as residential land and is being auctioned by the State Bank of India under the SARFAESI Act. It presents a significant investment opportunity in a well-connected region. The land is suitable for various development purposes, offering ample space and potential. Its location in Thrissur, a vibrant city in Kerala, adds to its appeal.
State:Kerala
City:Thrissur
Area:Thalapilly
Asset Category:Residential
Full Address:Kandanassery Village Thalappilly Taluk, Thalapilly, Thrissur
Size:16.39 Ares
Auction Description
State Bank of India is conducting a SARFAESI auction for a valuable residential land parcel in Thalapilly, Thrissur, Kerala. The auction will take place on November 14, 2025, starting at 11:00 AM and concluding at 04:00 PM. The reserve price for this auction is ₹2,87,75,000, with an Earnest Money Deposit (EMD) of ₹28,77,500 required to participate. This is a unique chance to acquire a substantial piece of land in a desirable location. Interested bidders are encouraged to review all auction terms and conditions.
Borrower Name:Mr. Nowshad P M
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Kamar Nowshad
Legal Details
Possession Status:Physical
Encumbrance Details:There are some attachments (as per EC) in OS 2013 of 2016 in the filed of Sub Court Chavakadu, in OS 131 of 2016 and OS 48 of 2017 both in the files of Sub Court, Irinjalakuda. However, all the above attachments are subsequent to the creation of the mortgage in favour of the Bank.
Why This Property
This land in Thalapilly presents a calculated opportunity, given its location in Thrissur and the details of the auction. The reserve price and EMD amount are significant, and the noted encumbrances require careful consideration before bidding.
Contact Details
Branch:Branch Office : Stressed Asset Recovery Branch
Service Provider:BAANKNET
Contact Details:
Chief Manager/Authorised Officer
Contact no: —
