Land And Building for auction Aluva Ernakulam 84 lakh Canara Bank

This is a SARFAESI auction for a residential land and building property located in Aluva, Ernakulam, Kerala. The property is an asset of Canara Bank, formerly belonging to M/s Cordial Plus. It presents a unique opportunity for buyers seeking real estate in this developing region. The asset category is residential, making it suitable for various personal or investment purposes. Situated in the well-connected city of Ernakulam, specifically in the Aluva area, the property offers potential for future growth and development.

Canara Bank is conducting a SARFAESI auction for a land and building property in Aluva, Ernakulam, Kerala. The auction will take place on November 25, 2025, starting at 10:30 AM and concluding at 11:30 AM. The reserve price for this residential property is INR 8,400,000, with an Earnest Money Deposit (EMD) of INR 840,000 required to participate. This is a timed online auction event, offering a transparent and competitive bidding process. Interested parties are encouraged to review all auction terms and conditions provided by Canara Bank.

The property presents a calculated opportunity due to its location in Aluva, Ernakulam, with a combination of land and a building. The reserve price and EMD require careful consideration, but the potential for development in the area adds to its investment appeal. Additional due diligence is recommended to fully assess its value and potential returns.