Land And Building for auction Elamkunnapuzha Ernakulam 44 lakh Federal Bank

Property for Auction in Kochi Taluk, Ernakulam, Kerala

Recommendation
Calculated OpportunityScore: 6.8
Size
3 Ares
Reserve Price
44,00,000
Reserve Price
44,00,000
EMD Required
4,40,000
Property Specifications
Size3 Ares
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land And Building
Location IconLocation:
Kochi Taluk, Ernakulam
Auction Date IconAuction Date:
04-12-2025 10:30 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:609616

Bank Name:Federal Bank

Branch Name:LCRD / ERNAKULAM DIVISION

Reserve Price:44,00,000

EMD:4,40,000

Auction Time:10:30 AM

Service Provider:Public Auction

Important Dates

Submission Date:03-12-2025 05:00 PM

Bid Start Date:2025-12-04

Property Description

Federal Bank presents a SARFAESI auction for a residential land and building property in Kochi Taluk, Ernakulam, Kerala. This is a prime opportunity to acquire a property located in the bustling city of Ernakulam. The property, formerly owned by Mr. Chinnan K A, is categorized as residential and offers significant potential. Its location in Kochi Taluk provides excellent connectivity and access to local amenities. This auction is conducted under the SARFAESI Act, ensuring a transparent and legally sound transaction process. Don't miss this chance to invest in a valuable asset in one of Kerala's most prominent districts.

State:Kerala

City:Ernakulam

Area:Kochi Taluk

Asset Category:Residential

Full Address:Sy. No. 234/2 Re Sy. No. 158/19, Block No. 9 of Elamkunnapuzha Village, Kochi Taluk, Ernakulam District, Kerala State, Elamkunnapuzha, Ernakulam

Size:3 Ares

Auction Description

This is a SARFAESI auction conducted by Federal Bank for a residential land and building property situated in Kochi Taluk, Ernakulam, Kerala. The auction will commence on December 4, 2025, at 10:30 AM and conclude at 11:30 AM on the same day. The reserve price for this property is ₹44,00,000, with an Earnest Money Deposit (EMD) of ₹4,40,000 required to participate. This is a timed online auction, offering a convenient and accessible platform for interested bidders. Secure your participation by submitting the required EMD before the auction begins. Federal Bank adheres to all legal guidelines for SARFAESI auctions, ensuring a fair process for all participants.

Borrower Name:Mr Chinnan K A

Auction Type:SARFAESI Auction

Guarantor Names:Mrs. Ramani Chinnan

Legal Details

Encumbrance Details:Not Known to Bank

Why This Property

The property's location in Kochi and the relatively low reserve price offer a reasonable investment opportunity. However, potential investors should conduct thorough due diligence and factor in the cost of renovations or development. The 'as is where is' condition adds an element of risk.

Contact Details

Branch:Branch Office : LCRD / ERNAKULAM DIVISION

Service Provider:Public Auction

Contact Details:

Contact no: —

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