Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613525
Bank Name:Canara Bank
Branch Name:ARM Branch - Ernakulam
Reserve Price:₹18,90,000
EMD:₹1,89,000
Service Provider:BAANKNET
Important Dates
Submission Date:24-11-2025 05:00 PM
Bid Start Date:25-11-2025 10:30 AM
Property Description
This is a bank auction property located in Thodupuzha, Idukki, Kerala. The property is categorized as Residential and consists of Land And Building. It is being auctioned by Canara Bank under the SARFAESI Act. The property is associated with borrower Sri Thomas Varkey.
State:Kerala
City:Idukki
Area:Thodupuzha
Asset Category:Residential
Full Address:Sy.No.100/6-6 of Eleppally village, Thodupuzha Taluk, Idukki District, Eleppally, Thodupuzha
Size:4.05 Ares
Auction Description
Canara Bank is conducting a SARFAESI auction for a Land And Building property in Thodupuzha, Idukki, Kerala. The auction will take place on November 25, 2025, from 10:30 AM to 11:30 AM. The reserve price for this auction is INR 18,90,000, with an Earnest Money Deposit (EMD) of INR 1,89,000. This is a prime opportunity to acquire a residential asset in a desirable location.
Borrower Name:Sri Thomas Varkey
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property, a land and building in Thodupuzha, offers a decent investment potential. The reserve price seems reasonable for the location, but potential buyers should conduct thorough due diligence. The recommendation is a 'Calculated Opportunity,' indicating it's worthwhile with careful consideration.
Contact Details
Branch:Branch Office : ARM Branch - Ernakulam
Service Provider:BAANKNET
Contact Details:
Contact no:0484-2353072
