Commercial Building for Auction Mg Road Ernakulam 13 Crore by Asset Reconstruction Company India Ltd Arcil
MG Road, Ernakulam
Area: 27753 sq. ft.
Sy No. 735/5 and 737/12, Ernakulam Village, Kanayanoor Taluk, Ernakulam District
Asset Reconstruction Company (India) Ltd. (Arcil) · Dadar West, Mumbai
Reserve price
₹12,97,00,000
EMD ₹1,29,70,000
Auction date
14 Oct 2026, 10:00 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 27753 sq. ft.
- ▸Locality: MG Road
- ▸Reserve: ₹12,97,00,000
- ▸EMD: ₹1,29,70,000
Auction snapshot
| Possession | Physical |
| Property type | Commercial Building · Commercial |
| Locality | MG Road |
| Built-up / plot area | 27753 sq. ft. |
| Lender | Asset Reconstruction Company (India) Ltd. (Arcil) |
| Branch | Dadar West, Mumbai |
| Building / society | Parthas Textiles Showroom |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | Public Auction |
About this property
Commercial Building bank auction in MG Road, Ernakulam by Asset Reconstruction Company (India) Ltd. (Arcil) — reserve price ₹12,97,00,000, 27753 sq. ft., Physical possession.
Explore this prime bank auction property featuring a large-scale commercial textile showroom located on the prestigious MG Road in Ernakulam, Kerala. The property spans approximately 27,753 sq. ft. and is situated on a land parcel of 19.669 cents. This commercial building for sale through e-auction by Arcil offers a strategic business location in Kanayanoor Taluk. The auction includes the building and movables therein. With physical possession taken by the bank, this is a secure investment opportunity. Interested buyers should note the reserve price of ₹12.97 Crores and complete the EMD submission by October 13, 2026. Perfect for investors looking for high-visibility commercial real estate in Cochin.
GeoSquare note: This property is a high-value commercial asset located on MG Road, a primary commercial hub in Ernakulam. With physical possession already held by the bank and a massive 27,753 sq. ft. area, it offers excellent potential for retail or corporate use. While there are minor outstanding dues mentioned, the prime location and clear ownership status make this a strong investment opportunity.
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