Property for Auction in Kochi Taluk, Ernakulam, Kerala
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
Submission Date:03-12-2025 05:00 PM
Bid Start Date:2025-12-04
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
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
Encumbrance Details:Not Known to Bank
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.
Branch:Branch Office : LCRD / ERNAKULAM DIVISION
Service Provider:Public Auction
Contact Details:
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