Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613873
Bank Name:Kerala Gramin Bank
Branch Name:Head Office : Malappuram
Reserve Price:₹20,00,000
EMD:₹2,00,000
Auction Time:11:00 am to 12:00 pm
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-19
Bid Start Date:2025-11-24
Property Description
A parcel of land located in Pathanamthitta V, Pathanamthitta, Kerala. This residential land is being auctioned by Kerala Gramin Bank. Ideal for development or personal use, this property offers a great opportunity in a developing area. The auction is conducted under the SARFAESI Act.
State:Kerala
City:Pathanamthitta
Area:Pathanamthitta V
Asset Category:Residential
Full Address:Sy. No. 188/16, Vallicode Village, Vallicode, Pathanamthitta
Size:9.24 Cents
Auction Description
Kerala Gramin Bank presents a SARFAESI auction for a land property in Pathanamthitta V, Pathanamthitta. The reserve price is INR 2,000,000.00, with an Earnest Money Deposit (EMD) of INR 200,000.00. The auction will take place on November 24, 2025, starting at 11:00 AM and concluding at 12:00 PM. This is a prime opportunity to acquire valuable land in Kerala.
Borrower Name:Sri. V S Prakash
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land parcel in a rural area of Pathanamthitta, offered at a reasonable reserve price. While land investments can offer long-term appreciation, the lack of immediate income potential and the specific location warrant a 'Calculated Opportunity' recommendation. Due diligence regarding local market conditions is advised.
Contact Details
Branch:Branch Office : Head Office : Malappuram
Service Provider:Public Auction
Contact Details:
JOBY JOSEPH
Contact no:9400999315
