Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.5
Auction ID:612105
Bank Name:Federal Bank
Branch Name:LCRD / ERNAKULAM DIVISION
Reserve Price:₹6,60,00,000
EMD:₹66,00,000
Auction Time:10.30 AM
Service Provider:Public Auction
Important Dates
Submission Date:24-11-2025 05:00 PM
Bid Start Date:2025-11-25
Property Description
This is a SARFAESI auction for a residential land and building located in Kanayannur Taluk, Ernakulam, Kerala. The property is being auctioned by Federal Bank on behalf of M/s Christ Educational Trust. This is a prime opportunity to acquire a significant asset in a well-connected region of Kerala.
State:Kerala
City:Ernakulam
Area:Kanayannur Taluk
Asset Category:Residential
Full Address:Re Sy No. 179/2, Block No. 7 of Thengode Kara, Kakkanad Village, Kanayannur Taluk, Ernakulam District, Kerala State, Kakkanad Village, Ernakulam
Size:14.16 Ares
Auction Description
Federal Bank is conducting an online SARFAESI auction for a valuable land and building property in Kanayannur Taluk, Ernakulam, Kerala. The auction will take place on November 25, 2025, from 10:30 AM to 11:30 AM. The reserve price for this asset is ₹6,60,00,000, with an Earnest Money Deposit (EMD) of ₹66,00,000 required to participate. Don't miss this chance to bid on this attractive property.
Borrower Name:M/s Christ Educational Trust
Auction Type:SARFAESI Auction
Guarantor Names:Sri.P.J Paulose, Smt. Lissy Paulose
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property's location in Kakkanad, a growing area in Ernakulam, coupled with the land and building asset type, makes it a strong investment opportunity. The reserve price seems reasonable given the location and size, suggesting potential for appreciation. However, thorough due diligence is essential before bidding.
Contact Details
Branch:Branch Office : LCRD / ERNAKULAM DIVISION
Service Provider:Public Auction
Contact Details:
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