House for auction 1 Manjalloor Villa, Kalloorkkad, Ernakulam by IDBI Bank

Nestled in the Kalloorkkad sub-district of Ernakulam, Kerala, this residential property is a compelling prospect for first-time homebuyers and seasoned investors alike. Situated on 1.11 Ares of land, identified by Sy No.549/1 within Kalapurackal House, Kavakkadu PO, Manjalloor Village, Muvattupuzha Taluk, this house, originally covered under Sale Deed No.319/2008, presents a tangible opportunity for ownership. The property boasts clear boundaries: a Panchayath Tar Road to the East, property belonging to Maniamma to the South, property of Pulikkalayil Paili to the West, and a Mud Road to the North. It includes all associated buildings and structures, promising a ready-to-occupy or customizable living space. Its location in Ernakulam district offers access to local amenities and potential for future appreciation, making it an attractive acquisition in the Kerala real estate landscape.

This SARFAESI auction, presented by IDBI Bank via Bankeauctionwizard, offers a unique opportunity to acquire a residential house located in the serene Kalloorkkad area of Ernakulam, Kerala. The auction is scheduled for July 31, 2025, with bidding open from 11:00 AM to 12:00 PM. A reserve price of INR 1,296,250 and an Earnest Money Deposit (EMD) of INR 129,625 are established for interested parties. To participate, applications must be submitted by 5:00 PM on July 29, 2025. For any inquiries, potential buyers can reach out to Mr. Gunaseelan or Mrs. Sushmita at 8951944383 or 9731967722. This is an excellent chance for new buyers to enter the property market through a transparent and regulated bank auction process, potentially securing a valuable asset in a developing region. Familiarize yourself with the auction terms and conditions well in advance of the submission deadline.