Representative illustration — Commercial Building bank auction in Vytilla
Representative illustration — not the actual property photograph.
Commercial Building Commercial Physical possession Strong Buy

Commercial Building for Auction Vytilla Ernakulam 4.7 Crore by Karur Vysya Bank

Vytilla, Ernakulam

Area: 3.56 Ares

Sy. No.951/1, Ward No 29 Kochi Corporation, Sahakarana road, near NH 47 Vytilla, Poonithura Village, Kanayannur Taluk, Ernakulam District

Karur Vysya Bank · ASSET RECOVERY BRANCH , COIMBATORE

Reserve price

₹4,69,00,000

EMD ₹46,90,000

Auction date

15 Oct 2026, 10:30 AM

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Quick read

  • Possession: Physical
  • Area: 3.56 Ares
  • Locality: Vytilla
  • Reserve: ₹4,69,00,000
  • EMD: ₹46,90,000

Auction snapshot

PossessionPhysical
Property typeCommercial Building · Commercial
LocalityVytilla
Built-up / plot area3.56 Ares
LenderKarur Vysya Bank
BranchASSET RECOVERY BRANCH , COIMBATORE
Unit / flat no.Sy. No.951/1
Building / societyM/s Ullattil Hotels and SPA Pvt Ltd
Auction typeSARFAESI Auction
Bid increment₹1,00,000
Service providerPublic Auction

About this property

Commercial Building bank auction in Vytilla, Ernakulam by Karur Vysya Bank — reserve price ₹4,69,00,000, 3.56 Ares, Physical possession.

Explore a prime bank auction property in Ernakulam, Kerala. This commercial building spans 3.56 Ares, strategically located near NH 47 Vytilla, Poonithura. The property is being auctioned by Karur Vysya Bank under SARFAESI Act regulations. This high-visibility location is ideal for investors seeking a commercial footprint in the Kochi Corporation area. Key auction details include a reserve price of ₹4.69 Crores and an EMD of ₹46.9 Lakhs. Physical possession is held by the bank, ensuring a transparent acquisition process. Interested buyers should note the auction date of 15-10-2026. Perfect for those looking for a commercial shop for sale or office space in a high-growth locality. Due diligence is recommended regarding existing property tax liabilities mentioned in the notice.

GeoSquare note: The property boasts an excellent strategic location on the NH-47 bypass, making it highly desirable for commercial operations. While there are significant tax arrears that the buyer must account for, the physical possession status adds a layer of security for the purchaser. Overall, it is a strong investment opportunity for those looking to secure a prime commercial asset in the Kochi region.

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