Shop for auction 4 Ambalappara-II Villa, Ottapalam, Palakkad by South Indian Bank

Commercial property measuring 4.66 Ares (1.62 Ares in actual possession) with a building of approximately 240 Sq.Ft and a fabricated shed of approximately 520 Sq.Ft. Located in Ambalappara-II Village, Ottapalam Taluk, Palakkad District, Kerala. The property is bounded by property of Pazhamkulathinkal Ali to the North, property of Kunnath Ali to the East, Panchayath Road to the South, and property of Muhammed Ali & Valappu to the West. Property description is more fully described in Registered Jenmam Assignment Deed No.2995/2005 dated 06.08.2005.

This is a SARFAESI Auction for a Commercial Property in Ottapalam, Palakkad, Kerala, by South Indian Bank. The property, measuring 4.66 Ares (1.62 Ares in actual possession), includes a building with a plinth area of approximately 240 Sq.Ft and a fabricated shed of approximately 520 Sq.Ft. It is situated in Old Sy. No.232/2 Re.Sy.No.523/8 within Block No.83 of Ambalappara-II Village. The property was owned by the late Mohammed Ali and is now inherited by his legal heirs. The reserve price is ₹4,30,000.00, and the EMD is ₹43,000.00. The auction will take place on 24-07-2025 from 02:30 PM to 03:30 PM.