Plot for auction Karthikappaly Alappuzha 10 lakh ICICI Bank

This is a prime land parcel located in Karthkappaly, Alappuzha, Kerala. This residential land is being auctioned by ICICI Bank as part of a SARFAESI action. The property offers a great opportunity for development in a well-connected area. All necessary documents and clear title are expected to be available for inspection. Prospective bidders are advised to conduct their own due diligence regarding land use, zoning, and any other relevant aspects.

ICICI Bank presents a SARFAESI land auction in Karthkappaly, Alappuzha, Kerala. The auction will take place on November 25, 2025, from 10:30 AM to 11:30 AM. The reserve price for this residential land is INR 1,000,000, with an Earnest Money Deposit (EMD) of INR 100,000 required to participate. This is a unique chance to acquire property directly from the bank. Interested parties should register and submit their bids within the specified auction period. Contact ICICI Bank for detailed terms and conditions.

The land's location in Karthikappaly, Alappuzha, presents a calculated investment opportunity. While the reserve price seems reasonable, potential buyers should carefully assess the local land market conditions. The property is being offered via auction which suggest the property could be acquired for a good value.