Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614501
Bank Name:Asset Reconstruction Company (India) Ltd. (Arcil)
Branch Name:Dadar West, Mumbai
Reserve Price:₹12,80,992.5
EMD:₹1,28,099.25
Auction Time:03:00 PM
Service Provider:Public Auction
Important Dates
Submission Date:10-12-2025 05:00 PM
Bid Start Date:2025-11-12
Property Description
This is a residential plot located in Cheppad, Alappuzha, Kerala. The property is being auctioned by Asset Reconstruction Company (India) Ltd. (Arcil) under the SARFAESI Act. It is an opportunity to acquire land in a well-connected area of Alappuzha.
State:Kerala
City:Alappuzha
Area:cheppad
Asset Category:Residential
Full Address:All That Part And Parcel Of The Property Having An Extent Of 2.02 Ares In Re Sy No. 750/1 Block No 11 In Pallipaddu Village Karthikapally Taluk, Cheppadu Sub District Of Alappuzha District, Cheppad, Alappuzha
Size:2.02 Ares
Auction Description
Asset Reconstruction Company (India) Ltd. (Arcil) is conducting a SARFAESI auction for a residential plot in Cheppad, Alappuzha, Kerala. The auction is scheduled for December 11, 2025, from 3:00 PM to 4:00 PM. The reserve price for this plot is ₹12,80,992, with an Earnest Money Deposit (EMD) of ₹1,28,099. This is a direct sale opportunity for interested buyers.
Borrower Name:MANOJ C
Auction Type:SARFAESI Auction
Guarantor Names:MANJU K
Legal Details
Possession Status:Physical
Encumbrance Details:Nil
Why This Property
This plot in Cheppad offers a decent investment potential considering its location and size. The reserve price appears reasonable, but potential buyers should conduct thorough due diligence. The terms are standard, suggesting a calculated risk for those familiar with the local market.
Contact Details
Branch:Branch Office : Dadar West, Mumbai
Service Provider:Public Auction
Contact Details:
Rama Chandra Sur
Contact no:8655270047
