Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611815
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE: ERNAKULAM
Reserve Price:₹21,55,000
EMD:₹2,15,500
Bid Increment:₹25,000
Service Provider:BAANKNET
Important Dates
Submission Date:27-11-2025 05:00 PM
Bid Start Date:2025-01-13
Property Description
This auction features a valuable Land and Building property located in Cherthala, Alappuzha, Kerala. Situated in a well-connected area, this residential asset presents a unique opportunity for investors or homeowners. The property is being auctioned by Canara Bank under the SARFAESI Act, offering a chance to acquire real estate directly from the bank.
State:Kerala
City:Alappuzha
Area:Cherthala
Asset Category:Residential
Full Address:Re.Sy No: 174/3/1 of Panavally Village, Cherthala Taluk, Alappuzha, Cherthala, Alappuzha
Size:1.82 ares
Auction Description
Canara Bank is conducting an online SARFAESI auction for a Land and Building property in Cherthala, Alappuzha, Kerala. The auction will commence on November 29, 2025, at 11:00 AM and conclude at 02:00 PM on the same day. The reserve price for this asset is ₹21,55,000, with an Earnest Money Deposit (EMD) of ₹2,15,500 required to participate. This is a prime opportunity to bid on a bank-auctioned residential property.
Borrower Name:Lakshmi PC
Auction Type:SARFAESI Auction
Why This Property
The property's location in Cherthala, Alappuzha, and its nature as land and building present a reasonable investment prospect. The reserve price appears competitive, though further due diligence is recommended. The specific terms of the auction should be thoroughly reviewed before bidding.
Contact Details
Branch:Branch Office : REGIONAL OFFICE: ERNAKULAM
Service Provider:BAANKNET
Contact Details:
Contact no: —
