Property for Auction in Pottore, Thrissur, Kerala
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610702
Bank Name:Kotak Mahindra Bank
Branch Name:Registered Office: Mumbai
Reserve Price:₹59,00,000
EMD:₹5,90,000
Auction Time:01:00 PM to 02:00 PM
Service Provider:bankeauctions.com / C1 India
Submission Date:2025-11-19
Bid Start Date:2025-11-20
A prime parcel of land located in the developing area of Pottore, Thrissur, Kerala. This plot offers a great opportunity for residential development or investment. Situated in a well-connected region, it benefits from the growing infrastructure and potential for appreciation. Ideal for buyers looking to build their dream home or develop a property in a sought-after location.
State:Kerala
City:Thrissur
Area:Pottore
Asset Category:Residential
Full Address:Re-Sy No 391/2 measuring 2.25 Ares and an extent of 0.14 Ares in Re-Sy 391/3 District: Thrissur Sub District: Thrissur Taluk: Thrissur Village: Pottor Limit: Kolazhi Panchayath, Pottore, Thrissur
Size:2.39 Ares
Kotak Mahindra Bank presents a SARFAESI auction for a valuable plot of land in Pottore, Thrissur, Kerala. The auction commences on November 20, 2025, at 01:00 PM and concludes at 02:00 PM on the same day. The reserve price is set at ₹59,00,000, with an Earnest Money Deposit (EMD) of ₹5,90,000 required. This is a unique opportunity to acquire property through a transparent auction process managed by Kotak Mahindra Bank.
Borrower Name:Mr. OK Biju
Auction Type:SARFAESI Auction
Possession Status:Physical
Encumbrance Details:Not Known to Bank
The property's location in Pottore, Thrissur, suggests moderate investment potential. While the reserve price appears reasonable for the area and land size, prospective buyers should thoroughly investigate the property's encumbrances. Given the auction terms and location, it's a calculated opportunity worth considering for land investment.
Branch:Branch Office : Registered Office: Mumbai
Service Provider:bankeauctions.com / C1 India
Contact Details:
Mr. BY Arjun Dev
Contact no:+91-9880963608