Land for auction Vettoor Villa, Varkala, Thiruvananthapuram by SBI

Nestled in the picturesque Varkala Taluk of Thiruvananthapuram District, Kerala, this property represents a unique acquisition opportunity. The offering comprises 2.70 Ares of land, complete with existing improvements and buildings, detailed in Sale Deed No. 3886/1995 and Release Deed No. 4168/2014. The property is strategically bounded by the property of Sulochana to the North, a Temple to the South, a Road to the East, and the property of Fazeela to the West, suggesting a well-defined and accessible location. As a residential asset, it holds considerable potential for development or personal use, offering a chance to own a piece of land in a desirable region known for its natural beauty and cultural significance. The proximity to Varkala, a renowned tourist destination, further enhances its appeal for those looking to invest in a property with both immediate utility and long-term appreciation prospects.

This auction presents a compelling opportunity for new property buyers to acquire a residential asset through the SARFAESI Act, facilitated by the State Bank of India. The auction is scheduled to take place on July 31, 2025, with bidding open from 11:00 AM to 4:00 PM. Prospective bidders must submit their applications by July 30, 2025, 05:00 PM. A key requirement for participation is the Earnest Money Deposit (EMD) of ₹300,000.00, with a reserve price set at ₹3,000,000.00, indicating a strong starting point for potential investment. For detailed information and to understand the terms and conditions of this auction, interested parties are encouraged to refer to the official sale notice available at the provided URL. Direct inquiries can also be made by contacting the Stressed Asset Recovery Branch at 0471-2318096 or 2317095.