Plot for auction Pallikaara II Village Kasaragod 73 lakh Indian Bank

Property for Auction in Kasaragod, Kasaragod, Kerala

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
27 Cents
Reserve Price
73,00,000
Reserve Price
73,00,000
EMD Required
7,30,000
Property Specifications
Size27 Cents
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land
Location IconLocation:
Kasaragod, Kasaragod
Auction Date IconAuction Date:
10-12-2025 11:00 AM

Auction Details

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

Important Dates

Submission Date:09-12-2025 05:00 PM

Bid Start Date:2025-12-10

Property Description

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

Auction Description

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

Legal Details

Possession Status:Symbolic

Encumbrance Details:Nil as per Bank record

Why This Property

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.

Contact Details

Branch:Branch Office : ZONAL OFFICE, KOZHIKODE

Service Provider:BAANKNET

Contact Details:

Contact no:8291220220

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