Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:614498
Bank Name:Asset Reconstruction Company (India) Ltd. (Arcil)
Branch Name:Dadar West, Mumbai
Reserve Price:₹1,51,642.12
EMD:₹15,164.21
Auction Time:02:30 PM
Service Provider:Public Auction
Important Dates
Submission Date:09-12-2025 05:00 PM
Bid Start Date:2025-10-12
Property Description
This is a residential plot located in Puthupally, Kottayam, Kerala. The property is being auctioned by Asset Reconstruction Company (India) Ltd. (Arcil) under the SARFAESI Act.
State:Kerala
City:Kottayam
Area:Puthupally
Asset Category:Residential
Full Address:Property CONSITIING OF 2.00 Ares In Survey No. 525 In Re Survey No.26/9 In Block No. 22 Of Puthupally Village Kottayam Taluk Puthupally Subdistrict Of Kottayam District, Puthupally, Kottayam
Size:2.00 Ares
Auction Description
Asset Reconstruction Company (India) Ltd. (Arcil) presents a SARFAESI auction for a residential plot in Puthupally, Kottayam, Kerala. The reserve price is INR 151,642.00 with an Earnest Money Deposit (EMD) of INR 15,164.00. The auction will take place on December 10, 2025, starting at 02:30 PM and concluding at 03:30 PM.
Borrower Name:SURESH VARKEY
Auction Type:SARFAESI Auction
Guarantor Names:MOLLY VARKEY
Legal Details
Possession Status:Physical
Encumbrance Details:Nil
Why This Property
The plot in Puthupally, Kottayam presents a calculated opportunity due to its location and reserve price. While the area is relatively small, the auction terms and the bank's involvement offer a structured investment. Further due diligence on the property's potential and local market conditions is recommended before bidding.
Contact Details
Branch:Branch Office : Dadar West, Mumbai
Service Provider:Public Auction
Contact Details:
Rama Chandra Sur
Contact no:8655270047
