Property for Auction in Aluva, Ernakulam, Kerala
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612554
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE: ERNAKULAM
Reserve Price:₹21,96,000
EMD:₹2,19,600
Service Provider:BAANKNET
Submission Date:27-11-2025 05:00 PM
Bid Start Date:29-11-2025 11:00 AM
Discover a promising investment opportunity with this land and building property located in Aluva, Ernakulam, Kerala. Situated in a well-connected area, this asset offers potential for residential development or utilization. The property is part of a SARFAESI auction conducted by Canara Bank, presenting a chance to acquire real estate through a transparent bidding process. Ideal for discerning buyers looking to expand their portfolio in a growing region.
State:Kerala
City:Ernakulam
Area:Aluva
Asset Category:Residential
Full Address:Re Sy No: 195/22 Block No 35 (Old Sy No: 871/2K) in Keezhmad Village, Aluva Taluk, Keezhmad Village, Ernakulam
Size:2.69 Ares
Canara Bank presents a SARFAESI auction for a valuable land and building property in Aluva, Ernakulam, Kerala. The auction has a reserve price of INR 21,96,000 and requires an Earnest Money Deposit (EMD) of INR 2,19,600. The bidding will commence on November 29, 2025, at 11:00 AM and conclude at 02:00 PM on the same day. This is a unique opportunity to participate in a bank auction and acquire a residential asset in a prime location.
Borrower Name:Hassim Purakkulath
Auction Type:SARFAESI Auction
The property represents a fair investment due to its location in a developing area and the reserve price relative to market values in Ernakulam. However, further due diligence regarding local market trends and property condition is recommended before bidding.
Branch:Branch Office : REGIONAL OFFICE: ERNAKULAM
Service Provider:BAANKNET
Contact Details:
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