Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611884
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE: ERNAKULAM
Reserve Price:₹18,22,000
EMD:₹1,82,200
Bid Increment:₹25,000
Auction Time:11.00 AM to 02.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-27
Bid Start Date:2025-04-29
Property Description
This is a SARFAESI auction for a Land and Building property located in Kanyannoor, Ernakulam, Kerala. The property is categorized as residential and is associated with the borrower M/s Vembanad Oil Mill. This is an excellent opportunity to acquire a property in a well-known area of Ernakulam.
State:Kerala
City:Ernakulam
Area:Kanyannoor
Asset Category:Residential
Full Address:Re. Sy. No. 290/6 Pt in Block No. 25 of Edakkattuvayal Village, Kanayannoor Taluk, Ernakulam District, Kerala, Edakkattuvayal Village, Ernakulam
Size:6.07 Ares
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential land and building in Kanyannoor, Ernakulam. The auction will take place on November 29, 2025, from 11:00 AM to 2:00 PM. The reserve price for this property is ₹18,22,000.00, with an Earnest Money Deposit (EMD) of ₹1,82,200.00 required to participate. Don't miss this chance to bid on this valuable asset.
Borrower Name:M/s Vembanad Oil Mill
Auction Type:SARFAESI Auction
Guarantor Names:V. K/ S Viswambharan, Chithrathrikkakara, Thekkumbhagom, Tripunithura, Ernakulam-682301, Harikrishnan
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a reasonable investment opportunity given its location in Ernakulam and the type of asset. The reserve price is moderate, but potential investors should conduct thorough due diligence. Its location could be attractive for specific business ventures.
Contact Details
Branch:Branch Office : REGIONAL OFFICE: ERNAKULAM
Service Provider:BAANKNET
Contact Details:
Contact no:04842448070
