Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612509
Bank Name:DCB Bank
Branch Name:Lower Parel Mumbai
Reserve Price:₹9,32,000
EMD:₹93,200
Bid Increment:₹10,000
Auction Time:11.30 am - 1.00 pm
Service Provider:bankauctions.in
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
This auction features a plot of land in Ambalapuzha, Alappuzha, Kerala. Situated in a residential area, this asset offers a prime opportunity for development or investment. The property is being auctioned by DCB Bank under the SARFAESI Act.
State:Kerala
City:Alappuzha
Area:Ambalapuzha
Asset Category:Residential
Full Address:Re-Survey No. 534/12A, Block No.: 35, Thalavady Village, Kuttanadu Taluk, Ambalapuzha Sub District, Alappuzha District, Thalavady, Alappuzha
Size:1.215 Ares Sq Mtr
Auction Description
DCB Bank is conducting a SARFAESI auction for a land parcel in Ambalapuzha, Alappuzha, Kerala. The auction will commence on November 25, 2025, at 11:30 AM and conclude at 01:00 PM on the same day. The reserve price for this property is ₹9,32,000, with an Earnest Money Deposit (EMD) of ₹93,200. This is a unique chance to acquire valuable land in a sought-after location.
Borrower Name:: Mr. Sanil K S
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Monisha M Mohanan
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property represents a calculated opportunity due to its location in Alappuzha and the presence of a residential building on the land. The reserve price appears reasonable, but potential investors should conduct thorough due diligence regarding the property's condition and local market dynamics before bidding. The physical possession status is a positive factor.
Contact Details
Branch:Branch Office : Lower Parel Mumbai
Service Provider:bankauctions.in
Contact Details:
Madhu Upendran
Contact no:9447320908
