Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612645
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE: ERNAKULAM
Reserve Price:₹8,20,000
EMD:₹82,000
Service Provider:BAANKNET
Important Dates
Submission Date:27-11-2025 05:00 PM
Bid Start Date:29-11-2025 11:00 AM
Property Description
This is a bank auction property located in Aluva, Ernakulam, Kerala. The asset category is residential, and the property type is Land And Building. It is being auctioned by Canara Bank under the SARFAESI Act. The reserve price is INR 820,000.0, with an Earnest Money Deposit (EMD) of INR 82,000.0. The property is associated with borrower Mr. Abdul Rasheed.
State:Kerala
City:Ernakulam
Area:Aluva
Asset Category:Residential
Full Address:Re.Sy.No 21/2-4, Block No:30 of Thekkumbhagam Village, Aluva Taluk, Ernakulam District, Aluva, Ernakulam
Size:0.98 Ares
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential land and building property in Aluva, Ernakulam, Kerala. The auction will take place on November 29, 2025, starting at 11:00 AM and concluding at 02:00 PM. The reserve price is set at INR 820,000.0, and the EMD required is INR 82,000.0. This is an excellent opportunity to acquire a property in a desirable location.
Borrower Name:Mr. Abdul Rasheed
Auction Type:SARFAESI Auction
Why This Property
The property in Aluva presents a calculated opportunity due to its residential building and land value, though specific auction details and possession status are missing. The reserve price seems reasonable for the area, but potential investors should conduct thorough due diligence.
Contact Details
Branch:Branch Office : REGIONAL OFFICE: ERNAKULAM
Service Provider:BAANKNET
Contact Details:
Contact no: —
