Shop for auction 2 Ambalappara-II Villa, Ottapalam, Palakkad by South Indian Bank

Property for Auction in Ottapalam, Palakkad, Kerala

Property Type IconProperty Type:
Commercial Property
Location IconLocation:
Ottapalam, Palakkad
Auction Date IconAuction Date:
24-07-2025 12:30 PM

Auction Details

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

Important Dates

Submission Date:23-07-2025 05:00 PM

Bid Start Date:24-07-2025 12:30 PM

Property Description

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

Auction Description

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 Details

Contact the Authorized Officer : 8113883201, 0471-2469584

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