Commercial Property for Auction Kumbalam Ernakulam 30.3 Lakh by Liquidation E Auction 22 Jun 2026
Kumbalam, Ernakulam
Madavana Desam, Kumbalam Village, Panangad PO
Liquidation E-Auction · Registered Office
Reserve price
₹30,30,000
EMD ₹3,03,000
Auction date
22 Jun 2026, 11:00 AM
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Quick read
- ▸Locality: Kumbalam
- ▸Reserve: ₹30,30,000
- ▸EMD: ₹3,03,000
Auction snapshot
| Possession | — |
| Property type | Commercial Property · Commercial |
| Locality | Kumbalam |
| Lender | Liquidation E-Auction |
| Branch | Registered Office |
| Auction type | Liquidation Auction |
| Bid increment | ₹10,000 |
| Service provider | BAANKNET |
About this property
Commercial Property bank auction in Kumbalam, Ernakulam by Liquidation E-Auction — reserve price ₹30,30,000.
Bank auction property: Opportunity to acquire trade receivables of Malayalam Vehicles India Private Limited (in liquidation) in Kumbalam, Ernakulam. This commercial auction features the sale of all trade and claim receivables on an "as is where is basis." Reserve price is ₹3030000.0 with an EMD of ₹303000.0. E-auction date is June 22, 2026. A unique investment opportunity for strategic buyers seeking to capitalize on distressed assets in the Kerala market.
GeoSquare note: The sale of trade receivables and claims is a less tangible asset compared to physical property, thus requiring a higher risk appetite. The location in Kumbalam, Ernakulam is a positive aspect, but the "as is where is" basis and the nature of the asset influence the overall score. Given the specific nature of the auction (trade receivables), it is a fair option for those with expertise in asset recovery and financial restructuring.
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