Property for Auction in cheppad, Alappuzha, Kerala
Auction ID:596126
Bank Name:Canara Bank
Branch Name:ARM Branch - Ernakulam
Reserve Price:₹52,00,000
EMD:₹5,20,000
Service Provider:BAANKNET
Submission Date:28-10-2025 05:00 PM
Bid Start Date:29-10-2025 10:30 AM
Prime industrial property located in Cheppad, Alappuzha, Kerala, consisting of factory land and a building. This asset, formerly operated by M/s Chemmarathil Cashew Company, presents a significant opportunity for industrial development or repurposing. Situated in a well-connected area, it offers accessibility and potential for various business ventures. The property is offered by Canara Bank through a SARFAESI auction, representing a unique chance to acquire a substantial industrial asset.
State:Kerala
City:Alappuzha
Area:cheppad
Asset Category:Industrials
Canara Bank presents a SARFAESI auction for an industrial property in Cheppad, Alappuzha, Kerala. The auction features factory land and a building, with a reserve price of ₹52,00,000 and an EMD of ₹5,20,000. The auction will be conducted online on October 29, 2025, starting at 10:30 AM and concluding at 11:30 AM. This is a time-sensitive opportunity to bid on a valuable industrial asset. Ensure all pre-auction formalities are completed prior to participation.
Borrower Name:M/s Chemmarathil Cashew Company
Auction Type:SARFAESI Auction
Contact Ph. No. 0484-2353072/2353071