Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:613492
Bank Name:Central Bank of India
Branch Name:KOCHI REGIONAL OFFICE
Reserve Price:₹88,59,000
EMD:₹8,86,000
Service Provider:BAANKNET
Important Dates
Submission Date:28-11-2025 05:00 PM
Bid Start Date:29-11-2025 10:00 AM
Property Description
A prime piece of land located in Chavakkad, Thrissur, Kerala. This asset is being auctioned by the Central Bank of India as part of a SARFAESI action. The property is categorized as residential land, offering a great opportunity for development or investment in a rapidly growing area. Situated in a well-connected locality, it presents a valuable proposition for buyers seeking land in the Thrissur district.
State:Kerala
City:Thrissur
Area:Chavakkad
Asset Category:Residential
Full Address:Re. Sy No-227/1A, Annakara Village, Chavakkad Taluk, Thrissur District, Annakara Village, Thrissur
Size:49.41 Ares
Auction Description
Central Bank of India is conducting a SARFAESI auction for a significant land parcel in Chavakkad, Thrissur, Kerala. The auction will take place on November 29, 2025, starting at 10:00 AM and concluding at 6:00 PM. The reserve price for this residential land auction is INR 8,859,000, with an Earnest Money Deposit (EMD) of INR 886,000 required to participate. This is a unique opportunity to acquire property directly from the bank.
Borrower Name:M/s Sai Ram Tile works
Auction Type:SARFAESI Auction
Why This Property
The land's location in Chavakkad presents a reasonable investment opportunity, especially given the agricultural or developmental potential of the area. The reserve price and EMD should be carefully considered against local market values to determine profitability and potential returns.
Contact Details
Branch:Branch Office : KOCHI REGIONAL OFFICE
Service Provider:BAANKNET
Contact Details:
Contact no: —
