Land for auction Wettoor Villa, Varkala, Thiruvananthapuram by SBI

This enticing property is situated in the Varkala Taluk of Thiruvananthapuram District, Kerala, a region known for its scenic beauty and growing infrastructure. The offering comprises 2.70 Ares of land, identified by Re Sy No. 189/32 in Wettoor Village, complete with existing buildings, representing a versatile residential asset. The land's boundaries are clearly defined: to the North by Sulochana's property, to the South by a Temple, to the East by a Road, and to the West by Fazeela's property. Acquired through Sale Deed No. 3886/1995 and Release Deed No. 4168/2014, this property holds clear legal title. Its location in Varkala Taluk offers access to local amenities and potential for future appreciation, making it an attractive prospect for both end-users seeking a home and investors looking for a property with development potential in a desirable Kerala locale.

Prospective buyers are invited to participate in a SARFAESI auction conducted by the State Bank of India, offering a unique opportunity to acquire a promising plot of land with existing structures. The auction is scheduled to commence on July 31, 2025, at 11:00 AM and will conclude at 4:00 PM on the same day. To be eligible to bid, interested parties must submit their applications by 5:00 PM on July 30, 2025. A critical component of participation is the Earnest Money Deposit (EMD) of INR 3,00,000, which must be submitted along with the application. The reserve price for this valuable asset is set at INR 30,00,000, providing a clear entry point for investment. For any inquiries or further clarification regarding the auction process, potential bidders can reach out to the Thiruvananthapuram branch of the State Bank of India at the contact numbers 0471-2318096 or 2317095. This auction represents a chance to acquire property through a transparent and regulated banking channel.