Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:612559
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE: ERNAKULAM
Reserve Price:₹22,28,000
EMD:₹2,22,800
Bid Increment:₹25,000
Service Provider:BAANKNET
Important Dates
Submission Date:27-11-2025 05:00 PM
Bid Start Date:2024-04-25
Property Description
This bank auction presents a valuable opportunity to acquire a Land and Building property located in Aluva, Ernakulam, Kerala. The asset, previously owned by Mr. Jose M. V, falls under the Residential category. This is a SARFAESI auction, offering a unique chance to invest in real estate within a prominent region of Kerala. The property type is Land and Building, suitable for various residential or investment purposes.
State:Kerala
City:Ernakulam
Area:Aluva
Asset Category:Residential
Full Address:Re Sy.No. 214/5-2-2 of Kizhakkumbaham Village, Aluva Taluk, Ernakulam District, Kizhakkumbaham Village, Aluva
Size:2.38 Ares
Auction Description
Canara Bank is conducting a SARFAESI auction for a Land and Building property in Aluva, Ernakulam, Kerala. The auction has a reserve price of ₹22,28,000 and an Earnest Money Deposit (EMD) of ₹2,22,800. The auction will commence on November 29, 2025, at 11:00 AM and conclude at 02:00 PM on the same day. Interested bidders are encouraged to review all terms and conditions before participating in this sale.
Borrower Name:Mr. Jose M. V
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Jose Sino
Why This Property
The property represents a calculated opportunity due to its location in Aluva, a developing area of Ernakulam. While the reserve price seems reasonable, further due diligence on the building condition and encumbrances is advised before bidding. The land size offers potential for development.
Contact Details
Branch:Branch Office : REGIONAL OFFICE: ERNAKULAM
Service Provider:BAANKNET
Contact Details:
Contact no: —
