Property for Auction in Kasaragod, Kasaragod, Kerala
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611667
Bank Name:Indian Bank
Branch Name:ZONAL OFFICE, KOZHIKODE
Reserve Price:₹73,00,000
EMD:₹7,30,000
Auction Time:11:00 AM TO 05:00 PM
Service Provider:BAANKNET
Submission Date:09-12-2025 05:00 PM
Bid Start Date:2025-12-10
This auction features a parcel of land in Kasaragod, Kerala, offered by Indian Bank. Located in the Kasaragod area, this residential land presents a valuable opportunity for development or investment. The property is part of a SARFAESI auction, providing a transparent and regulated bidding process. Secure your chance to acquire this land in a desirable location.
State:Kerala
City:Kasaragod
Area:Kasaragod
Asset Category:Residential
Full Address:R S No. 172/4 part-15 Cents, Pallikaara II Village, Kottikkulam, Pallikaara II Village, Kasaragod
Size:27 Cents
Indian Bank is conducting a SARFAESI auction for a prime plot of land in Kasaragod, Kerala. The auction commences on December 10, 2025, at 11:00 AM and concludes at 5:00 PM on the same day. The reserve price is set at ₹73,00,000, with an Earnest Money Deposit (EMD) of ₹7,30,000 required to participate. This is a unique opportunity to bid on residential land owned by M/s Karipody Sanitory & Hardwares.
Borrower Name:M/s Karipody Sanitory & Hardwares
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. T P Safiya, Mr. Jamshad K A, Mr. Nohd Noushad
Possession Status:Symbolic
Encumbrance Details:Nil as per Bank record
The property, a land parcel in Kasaragod, offers potential due to its location, but the limited information and lack of clear development potential result in a 'Calculated Opportunity' rating. The reserve price seems reasonable considering the location, however further due diligence is recommended to understand local land value and future development prospects. Investment is justified only with proper assessment.
Branch:Branch Office : ZONAL OFFICE, KOZHIKODE
Service Provider:BAANKNET
Contact Details:
Contact no:8291220220