Plot for auction Kallar Village Kasaragod 8 lakh Kerala Gramin Bank

A prime plot of land located in Kasaragod, Kerala, offered for auction by Kerala Gramin Bank. This residential asset, previously mortgaged by Smt. Mini Sabu, presents an excellent opportunity for investment or development in a growing area. The property is situated in the heart of Kasaragod city, ensuring accessibility and potential for future appreciation. Its classification as 'Land' under the SARFAESI Act signifies its status as a standalone parcel ready for acquisition.

Kerala Gramin Bank is conducting a SARFAESI auction for a valuable land parcel in Kasaragod, Kerala. The auction will commence on November 12, 2025, at 11:00 AM and conclude at 02:00 PM on the same day. The reserve price for this asset is set at INR 7,92,000, with an Earnest Money Deposit (EMD) of INR 79,200 required to participate. This is a unique opportunity to acquire a land asset through a transparent banking auction process.

The property is a land parcel in a rural location, which offers a good entry point for investment with a reasonable reserve price. However, the investment is suitable for those with an understanding of the local market and long-term investment goals. Due diligence is necessary to assess its potential.