Land and Building for Auction Ernakulam Ernakulam 87 Lakh by Idbi Bank
Ernakulam, Ernakulam
Area: 1175 sq. ft.
North Square, Ernakulam
IDBI Bank · Retail Recovery
Reserve price
₹87,00,000
EMD ₹8,70,000
Auction date
23 Sep 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 1175 sq. ft.
- ▸Locality: Ernakulam
- ▸Reserve: ₹87,00,000
- ▸EMD: ₹8,70,000
Auction snapshot
| Possession | Physical |
| Property type | Land And Building · Residential |
| Locality | Ernakulam |
| Built-up / plot area | 1175 sq. ft. |
| Lender | IDBI Bank |
| Branch | Retail Recovery |
| Unit / flat no. | CC 41/2796 F-1, F-2, F-11 |
| Building / society | North Square |
| Floor | 4th floor |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Ernakulam, Ernakulam by IDBI Bank — reserve price ₹87,00,000, 1175 sq. ft., Physical possession.
Participate in this bank auction property opportunity featuring commercial office space in 'North Square', Ernakulam. The property consists of multiple office units (CC 41/2796 F-1, F-2, and F-11) situated on the 4th floor, totaling approximately 1175 sq. ft. of super built-up area, along with significant undivided shares in the land. Located on the prime Paramara Temple Road, this commercial space is ideal for business investments. The auction is conducted by IDBI Bank with a reserve price of ₹87,00,000. Physical possession of the asset has been taken by the bank. Interested bidders must submit their applications by 22-09-2026. Don't miss this chance to acquire a valuable commercial asset in the heart of Ernakulam. Inspection is available from 14-09-2026 to 18-09-2026.
GeoSquare note: This property is a strong investment option due to its prime location in Ernakulam and the fact that the bank has taken physical possession, which simplifies the acquisition process. The offering includes multiple units and significant land rights, providing good long-term value for a commercial buyer. Given the reserve price and the nature of the asset, it represents a solid opportunity for investors looking for commercial space in a well-connected area.
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