Property for Auction in Ottapalam, Palakkad, Kerala
Auction ID:537950
Bank Name:South Indian Bank
Branch Name:Regional Office : Palakkad
Reserve Price:₹15,68,000
EMD:₹1,56,800
Service Provider:bankauctions.in
Submission Date:23-07-2025 05:00 PM
Bid Start Date:24-07-2025 12:30 PM
The property is a commercial land parcel of 11.60 Ares (8.82 Ares in actual possession) with a fabricated building of approximately 1420 Sq.Ft. It is situated in Ambalappara-II Village, Ottapalam Taluk, Palakkad District, Kerala. Boundaries are: North - Property of Pazhamkulathinkal Muhammadali, East - Property of Nellikunath Abdul Rahiman, South - Panchayath Road and Seenath Kuriyil, West - Property of Kizhakkethil Remani for the 6.82 Ares portion. For the 2 Ares portion: North - Property of Pazhamkulathinkal Muhammadali, East - Property of Kunnath Muhammadali, South - Property of Mani, West - Property of Meppadath Sivasankaran.
State:Kerala
City:Palakkad
Area:Ottapalam
Asset Category:Commercial
South Indian Bank is auctioning a commercial property in Ottapalam, Palakkad. The property measures 11.60 Ares, with 8.82 Ares in actual possession, and includes a fabricated building of approximately 1420 Sq.Ft. The auction is conducted under SARFAESI Act. The reserve price is 15,68,000.00 and the EMD is 1,56,800.00. The auction will be held on July 24, 2025, from 12:30 PM to 01:30 PM. The property was owned by Late Mohammed Ali.
Borrower Name:Late Mohammed Ali
Auction Type:SARFAESI Auction
Contact the Authorized Officer : 8113883201, 0471-2469584