Land And Building for auction Edappally South Village Ernakulam 43 lakh Canara Bank

Property for Auction in Kanayannur Taluk, Ernakulam, Kerala

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
1.41 Ares
Reserve Price
42,77,000
Reserve Price
42,77,000
EMD Required
4,27,700
Property Specifications
Size1.41 Ares
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land And Building
Location IconLocation:
Kanayannur Taluk, Ernakulam
Auction Date IconAuction Date:
29-11-2025 11:00 AM

Auction Details

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

Important Dates

Submission Date:2020-11-27

Bid Start Date:2020-11-29

Property Description

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

Auction Description

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

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

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.

Contact Details

Branch:Branch Office : REGIONAL OFFICE: ERNAKULAM

Service Provider:BAANKNET

Contact Details:

Contact no:8281900082

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