Car for auction Valanjambalam Ernakulam 27 lakh Federal Bank

This is a SARFAESI auction for a car located in Ernakulam, Kerala. The property is being auctioned by Federal Bank on behalf of the borrower, Shri. Gijo P Mathews. The car is available for bidding in the Ernakulam area. This presents a unique opportunity to acquire a vehicle through a transparent bank auction process.

Federal Bank is conducting a SARFAESI auction for a car in Ernakulam, Kerala. The auction will commence on November 21, 2025, at 10:30 AM and conclude at 11:30 AM on the same day. The reserve price for this vehicle auction is ₹27,00,000.00, with an Earnest Money Deposit (EMD) of ₹2,70,000.00 required to participate. Interested bidders should ensure they meet all eligibility criteria for SARFAESI auctions.

The Jaguar Land Rover Discovery Sport presents a unique opportunity in the used car market, particularly via bank auction. While a luxury vehicle, its auction status and the need for thorough inspection suggest a 'Calculated Opportunity'. Potential buyers should assess condition and market value to justify the ₹2700000 reserve price, especially considering the location in Ernakulam.