Land And Building for auction Kakkanad Ernakulam 85 lakh Indian Bank

Property for Auction in Kanayannur Taluk, Ernakulam, Kerala

Recommendation
Strong BuyScore: 7.8
Possession
Physical
Size
1.76 ares
Reserve Price
85,00,000
Reserve Price
85,00,000
EMD Required
8,50,000
Property Specifications
Size1.76 ares
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land And Building
Location IconLocation:
Kanayannur Taluk, Ernakulam
Auction Date IconAuction Date:
19-11-2025 11:00 AM

Auction Details

Recommendation:Strong BuyScore: 7.8

Auction ID:609339

Bank Name:Indian Bank

Branch Name:ZONAL OFFICE, ERNAKULAM

Reserve Price:85,00,000

EMD:8,50,000

Bid Increment:10,000

Auction Time:11.00 AM to 04.00 PM

Service Provider:BAANKNET

Important Dates

Submission Date:18-11-2025 05:00 PM

Bid Start Date:2025-11-19

Property Description

This SARFAESI auction presents a prime opportunity to acquire a Land and Building asset in Kanayannur Taluk, Ernakulam, Kerala. Located in the vibrant city of Ernakulam, this residential property is offered by Indian Bank. The property, previously owned by Mr. Suresh Kumar Balakrishnan, represents a significant investment potential in a sought-after region. Its versatile nature as both land and a building makes it suitable for various development or personal use scenarios. Don't miss this chance to own a valuable asset in Kerala.

State:Kerala

City:Ernakulam

Area:Kanayannur Taluk

Asset Category:Residential

Full Address:Re.Sy.No.365/1/14, Block No.9, Kakkanad Village, Kanayannur Taluk, Ernakulam District, Kakkanad, Ernakulam

Size:1.76 ares

Auction Description

Indian Bank is conducting a SARFAESI auction for a Land and Building property in Kanayannur Taluk, Ernakulam, Kerala. The auction is scheduled for November 19, 2025, starting at 11:00 AM and concluding at 4:00 PM on the same day. The reserve price for this attractive asset is ₹8,500,000, with an Earnest Money Deposit (EMD) of ₹850,000 required. This is a direct opportunity to bid on a valuable property in Ernakulam, facilitated by Indian Bank under the SARFAESI Act. Secure your participation for this compelling auction event.

Borrower Name:Mr. Suresh Kumar Balakrishnan

Auction Type:SARFAESI Auction

Guarantor Names:Mrs. Sreelakshmi P S

Legal Details

Possession Status:Physical

Encumbrance Details:Nil as per Bank's record

Why This Property

The property is located in Kakkanad, a prime area of Ernakulam, and consists of land with a building, making it a valuable asset. The reserve price appears reasonable. Given the location and property type, this auction presents a strong investment opportunity.

Contact Details

Branch:Branch Office : ZONAL OFFICE, ERNAKULAM

Service Provider:BAANKNET

Contact Details:

Contact no: —

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