Property for Auction in Kanayannur Taluk, Ernakulam, Kerala
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612623
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE: ERNAKULAM
Reserve Price:₹42,77,000
EMD:₹4,27,700
Bid Increment:₹25,000
Auction Time:11:00 AM to 02:00 PM
Service Provider:BAANKNET
Submission Date:2020-11-27
Bid Start Date:2020-11-29
This offering features a valuable parcel of Land and Building located in Kanayannur Taluk, Ernakulam, Kerala. Situated in a key area, this residential asset presents a significant opportunity for investors or prospective homeowners. The property is being auctioned by Canara Bank under SARFAESI provisions. Key details include a reserve price of ₹42,77,000 and an Earnest Money Deposit (EMD) of ₹4,27,700.
State:Kerala
City:Ernakulam
Area:Kanayannur Taluk
Asset Category:Residential
Full Address:Sy. No. 26/10-A in Edappally South Village, Kanayannur Taluk, Ernakulam District, Kerala, Edappally South Village, Ernakulam
Size:1.41 Ares
Canara Bank is conducting a SARFAESI auction for a Land and Building property in Kanayannur Taluk, Ernakulam, 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 is set at ₹42,77,000, with an EMD of ₹4,27,700 required to participate. This is a prime opportunity to acquire a residential asset in a desirable location. Interested parties are advised to review all auction terms and conditions provided by Canara Bank.
Borrower Name:Saifudheen MM
Auction Type:SARFAESI Auction
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
This property represents a calculated opportunity due to its location in Ernakulam, a growing urban center in Kerala. The reserve price is relatively competitive, considering the residential land and building type. However, further due diligence is recommended to assess the local real estate market before bidding.
Branch:Branch Office : REGIONAL OFFICE: ERNAKULAM
Service Provider:BAANKNET
Contact Details:
Contact no:8281900082