Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613519
Bank Name:Canara Bank
Branch Name:ARM Branch - Ernakulam
Reserve Price:₹38,60,000
EMD:₹3,86,000
Auction Time:10.30 AM to 11.30 AM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
This offering presents a prime opportunity to acquire land and a building in the sought-after Paravur Taluk of Ernakulam, Kerala. Suitable for residential purposes, this property is part of a SARFAESI auction conducted by Canara Bank. The location offers a blend of tranquility and accessibility, making it an attractive prospect for prospective buyers.
State:Kerala
City:Ernakulam
Area:Paravur Taluk
Asset Category:Residential
Full Address:Re Sy.No.426/14 of Chedamangalam village, Chedamangalam, Ernakulam
Size:3.14 Ares
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential land and building property in Paravur Taluk, Ernakulam, Kerala. The auction will take place on November 25, 2025, with bidding open from 10:30 AM to 11:30 AM. The reserve price is set at INR 38,60,000, and the Earnest Money Deposit (EMD) required is INR 3,86,000. This is a unique chance to own a property through a transparent and efficient auction process.
Borrower Name:Smt.Reshmi Ranganath
Auction Type:SARFAESI Auction
Guarantor Names:Sri.Sedhi V N
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property in Ernakulam presents a calculated opportunity due to its land and building categorization and location. The reserve price and EMD are moderate, suggesting potential for investment. However, further due diligence is advised given the limited details and symbolic possession status.
Contact Details
Branch:Branch Office : ARM Branch - Ernakulam
Service Provider:BAANKNET
Contact Details:
Authorised Officer
Contact no:0484-2353072/2353071
