Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610085
Bank Name:South Indian Bank
Branch Name:REGIONAL OFFICE, IRINJALAKUDA
Reserve Price:₹32,98,000
EMD:₹3,29,800
Bid Increment:₹10,000
Auction Time:11:00 AM to 12:00 Noon
Service Provider:bankauctions.in
Important Dates
Submission Date:2025-11-28
Bid Start Date:2025-11-29
Property Description
This auction features a prime plot of land located in the sought-after Paravur Taluk of Ernakulam, Kerala. Ideal for residential development, this asset is being auctioned by South Indian Bank following SARFAESI procedures. The property offers a great opportunity for investors or individuals looking to build their dream home in a well-connected and developing area. Don't miss this chance to acquire valuable land in a prime Kerala location.
State:Kerala
City:Ernakulam
Area:Paravur Taluk
Asset Category:Residential
Full Address:7-241/C, Sy.No.275/7/C/2/17 of Varapuzha Village, Paravur Taluk, Ernakulam District bearing Door No.-7-241/C, Varapuzha, Ernakulam
Size:1.21 Ares
Auction Description
South Indian Bank presents a SARFAESI auction for a residential land parcel in Paravur Taluk, Ernakulam. The bidding opens with a reserve price of ₹32,98,000, and an Earnest Money Deposit (EMD) of ₹3,29,800 is required. The auction will be conducted online, starting on November 29, 2025, at 11:00 AM and concluding at 12:00 PM on the same day. This is a significant opportunity to acquire land through a transparent banking auction process.
Borrower Name:Mr Sandeep
Auction Type:SARFAESI Auction
Guarantor Names:Mr Jayadevan M K, Mrs Sinsila Shajahan
Legal Details
Possession Status:Physical
Encumbrance Details:NIL
Why This Property
The property is a land with building in Paravur, Ernakulam with a reasonable reserve price. The location is good, but further due diligence is required to assess the property's potential. Given the physical possession status, the investment is a calculated opportunity.
Contact Details
Branch:Branch Office : REGIONAL OFFICE, IRINJALAKUDA
Service Provider:bankauctions.in
Contact Details:
Mrs Neenu Abraham
Contact no:9036938482
