Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611839
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE: ERNAKULAM
Reserve Price:₹12,15,000
EMD:₹1,21,500
Auction Time:11:00 AM to 02:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-27
Bid Start Date:2025-11-29
Property Description
This is a bank auction property located in Kothamangalam, Ernakulam, Kerala. The property type is Land And Building, categorized as Residential. It is being auctioned by Canara Bank under the SARFAESI Act. The borrower's name is Salam M.K. This is a great opportunity to acquire a property in a sought-after location in Kerala.
State:Kerala
City:Ernakulam
Area:Kothamangalam
Asset Category:Residential
Full Address:Sy. No. 1130 in Neriyamangalam Village, Kothamangalam Taluk, Ernakulam District, Kerala, Kothamangalam, Ernakulam
Size:2.22 Ares
Auction Description
Canara Bank is conducting an e-auction for a Residential Land And Building property in Kothamangalam, Ernakulam, Kerala. The auction will take place on 29-11-2025 from 11:00 AM to 02:00 PM. The reserve price is set at 12,15,000.0 INR, with an Earnest Money Deposit (EMD) of 1,21,500.0 INR. This SARFAESI auction presents a chance to bid on a property directly from the bank.
Borrower Name:Salam M.K
Auction Type:SARFAESI Auction
Guarantor Names:Fathima Salam
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property in Kothamangalam presents a reasonable investment opportunity due to its residential nature and manageable size. The reserve price seems competitive, and the location offers potential for growth. However, further due diligence is needed to assess market trends and any underlying legal aspects before making a final decision.
Contact Details
Branch:Branch Office : REGIONAL OFFICE: ERNAKULAM
Service Provider:BAANKNET
Contact Details:
Contact no: —
