Land for auction Thaneermukkom Vadakku Village Cherthala 23 lakh DCB Bank

This is a unique opportunity to acquire a prime plot of land located in Cherthala, Alappuzha, Kerala. The property is being auctioned by DCB Bank as part of a SARFAESI action. Situated in a desirable area, this land parcel offers excellent potential for residential development. Its location provides convenient access to local amenities and transportation networks, making it an attractive investment for those looking to build their dream home or develop a residential project. The surrounding region is known for its scenic beauty and growing infrastructure, enhancing the value proposition of this land.

DCB Bank presents a SARFAESI auction for a valuable piece of land in Cherthala, Alappuzha, Kerala. The auction is scheduled to take place on December 12, 2025, with bidding commencing at 11:30 AM and concluding at 01:00 PM. The reserve price for this property is ₹23,00,000, and the Earnest Money Deposit (EMD) required is ₹2,30,000. This is a direct sale conducted by the bank to recover dues from the borrower, Mr. Aneesh D. Interested parties are encouraged to review all auction terms and conditions provided by DCB Bank. Secure your bid for this promising land parcel in a rapidly developing area.

The property presents a moderate opportunity due to its location in Cherthala and the presence of a residential building on the land. The reserve price seems reasonable, but potential investors should carefully assess the local market conditions and the specific details of the auction terms before making a bid.