Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.5
Auction ID:612513
Bank Name:DCB Bank
Branch Name:Lower Parel Mumbai
Reserve Price:₹1,25,00,000
EMD:₹12,50,000
Bid Increment:₹50,000
Auction Time:11.30 am-1.00 pm
Service Provider:bankauctions.in
Important Dates
Submission Date:2025-12-11
Bid Start Date:2025-12-12
Property Description
A valuable plot of land located in the serene Sreemoolanagaram area of Ernakulam, Kerala. This residential land offers a prime opportunity for development or investment in a growing region. Situated in a well-connected locality, it provides easy access to essential amenities and infrastructure. The property is being auctioned by DCB Bank under SARFAESI proceedings.
State:Kerala
City:Ernakulam
Area:Sreemoolanagaram
Asset Category:Residential
Full Address:Survey No. 357/1, 371/1 & 337/12 Re Sy No 204/4-2 & 204/11 Block No 30, Sreemoolanagaram, Ernakulam
Size:6.2 Ares
Auction Description
DCB Bank presents a SARFAESI auction for a land parcel in Sreemoolanagaram, Ernakulam, Kerala. The reserve price for this attractive property is INR 1,25,00,000, with an Earnest Money Deposit (EMD) of INR 12,50,000 required. The auction will take place on December 12, 2025, commencing at 11:30 AM and concluding at 01:00 PM. Don't miss this chance to acquire a significant asset in a desirable location.
Borrower Name:Mr. Sony Antony
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Nilsa Sony, M/s. Minute Innovations Rep By its MD / Proprietor
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
This land in Sreemoolanagaram presents a solid investment opportunity due to its size, location in Ernakulam, and the presence of a residential building. The auction terms are standard, and the property's potential for appreciation makes it a strong buy.
Contact Details
Branch:Branch Office : Lower Parel Mumbai
Service Provider:bankauctions.in
Contact Details:
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