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
Auction notice
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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
| Possession | Physical |
| Property type | Commercial Building · Commercial |
| Locality | Vytilla |
| Built-up / plot area | 3.56 Ares |
| Lender | Karur Vysya Bank |
| Branch | ASSET RECOVERY BRANCH , COIMBATORE |
| Unit / flat no. | Sy. No.951/1 |
| Building / society | M/s Ullattil Hotels and SPA Pvt Ltd |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | Public 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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