Property for Auction in Thiruvananthapuram Taluk, Thiruvananthapuram, Kerala
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:610427
Bank Name:Indian Overseas Bank
Branch Name:REGIONAL OFFICE, THIRUVANANTHAPURAM
Reserve Price:₹12,16,000
EMD:₹1,21,600
Auction Time:11:00 AM to 5:00 PM
Service Provider:BAANKNET
Submission Date:17-12-2025 05:00 PM
Bid Start Date:2025-11-18
Indian Overseas Bank is auctioning a valuable plot of land in Thiruvananthapuram Taluk, Thiruvananthapuram, Kerala. This residential land, formerly mortgaged by Mr. Sunil Kumar, offers a great opportunity for development. Located in a prime area, it's an ideal investment for those looking to build their dream home or for real estate ventures. The property is being sold under the SARFAESI Act. The reserve price for this land is ₹12,16,000, with an Earnest Money Deposit (EMD) of ₹1,21,600 required to participate in the auction.
State:Kerala
City:Thiruvananthapuram
Area:Thiruvananthapuram Taluk
Asset Category:Residential
Full Address:Sy No 107/1 of Re Sy No 543/23-1-1) of Vilavoorkal Village, Thiruvananthapuram Dist, Vilavoorkal, Thiruvananthapuram
Size:1.21 Ares
This is a SARFAESI auction conducted by Indian Overseas Bank for a plot of land in Thiruvananthapuram Taluk, Thiruvananthapuram, Kerala. The auction will take place on November 18, 2025, commencing at 11:00 AM and concluding at 05:00 PM on the same day. The reserve price is set at ₹12,16,000, and interested bidders must submit an EMD of ₹1,21,600. This is a fantastic opportunity to acquire land in a sought-after location. For further details and terms, please refer to the official auction notice.
Borrower Name:Mr.Sunil kumar
Auction Type:SARFAESI Auction
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
The property is a land parcel in Thiruvananthapuram. The reserve price appears reasonable. The recommendation is 'Calculated Opportunity' due to the need for thorough due diligence on local market conditions and legal aspects.
Branch:Branch Office : REGIONAL OFFICE, THIRUVANANTHAPURAM
Service Provider:BAANKNET
Contact Details:
Contact no:0471-2209209/2270064