Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611836
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE: ERNAKULAM
Reserve Price:₹46,54,000
EMD:₹4,65,400
Service Provider:BAANKNET
Important Dates
Submission Date:27-11-2025 05:00 PM
Bid Start Date:29-11-2025 11:00 AM
Property Description
A valuable parcel of land with an existing building located in Kunnathunad Taluk, Ernakulam, Kerala. This residential property, formerly associated with M/s Royal Tyres, offers a prime investment opportunity in a developing region. The asset category is residential, and the property type is land and building, presenting potential for various uses.
State:Kerala
City:Ernakulam
Area:Kunnathunad Taluk
Asset Category:Residential
Full Address:Sy No: 186/3/5 In Aikkaranad Village, Aikkaranad Village, Ernakulam
Size:4.45 Ares
Auction Description
Canara Bank is conducting a SARFAESI auction for a land and building property in Kunnathunad Taluk, Ernakulam, Kerala. The auction will take place on November 29, 2025, from 11:00 AM to 02:00 PM. The reserve price for this residential asset is INR 46,54,000, with an Earnest Money Deposit (EMD) of INR 4,65,400 required to participate. This is a unique opportunity to acquire a property through a bank auction.
Borrower Name:M/s Royal Tyres
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a good opportunity for investment due to its location and type. However, further due diligence is needed given the limited auction details available, making it a calculated risk at the listed reserve price.
Contact Details
Branch:Branch Office : REGIONAL OFFICE: ERNAKULAM
Service Provider:BAANKNET
Contact Details:
Contact no: —
