Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:613510
Bank Name:Canara Bank
Branch Name:ARM Branch - Ernakulam
Reserve Price:₹22,00,000
EMD:₹2,20,000
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 auction features a prime piece of real estate in the scenic Paravur Taluk, Ernakulam, Kerala. The property comprises a 'Land And Building' asset, categorized as Residential, offering significant potential for homeowners or investors. Situated in a desirable location within Ernakulam, this asset represents a compelling opportunity in a well-established area. The property is being auctioned by Canara Bank under SARFAESI rules.
State:Kerala
City:Ernakulam
Area:Paravur Taluk
Asset Category:Residential
Full Address:Old Sy No. 186/2, Re Sy no. 277/4, Re Sy No. Block No.4, Chennamangalam Village, Paravur Taluk, Chennamangalam Village, Ernakulam
Size:1.45 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, starting at 10:30 AM and concluding at 11:30 AM. The reserve price for this valuable asset is INR 22,00,000, with an Earnest Money Deposit (EMD) of INR 2,20,000 required to participate. This is a fantastic opportunity to acquire property in a sought-after region of Kerala.
Borrower Name:Mr. Vidhyan T.G
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Vishnu T.V
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential land and building in a developing area. The reserve price seems reasonable, making it a potentially calculated investment. Further due diligence is recommended.
Contact Details
Branch:Branch Office : ARM Branch - Ernakulam
Service Provider:BAANKNET
Contact Details:
Authorised Officer
Contact no:0484-2353072
