Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611853
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE: ERNAKULAM
Reserve Price:₹20,06,000
EMD:₹2,00,600
Bid Increment:₹25,000
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 prime land and building property located in Paravur Taluk, Ernakulam, Kerala. Suitable for residential purposes, this asset is being auctioned by Canara Bank under the SARFAESI Act. The property offers a significant opportunity in a well-connected area.
State:Kerala
City:Ernakulam
Area:Paravur Taluk
Asset Category:Residential
Full Address:Sy.No.239/11A1-5 of Kottuvally Village, Paravur Taluk, Ernakulam District, Kottuvally Village, Ernakulam
Size:2.02 Ares
Auction Description
Canara Bank is conducting a SARFAESI auction for a Land and Building property in Paravur Taluk, Ernakulam, Kerala. The auction will take place on November 29, 2025, from 11:00 AM to 02:00 PM. The reserve price is set at ₹20,06,000, with an Earnest Money Deposit (EMD) of ₹2,00,600. This is a unique chance to acquire a valuable asset.
Borrower Name:M/s. St.Antonys Dry Clean
Auction Type:SARFAESI Auction
Guarantor Names:Dency Benny
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property presents a reasonable opportunity due to its location in Ernakulam, Kerala, and residential nature. The reserve price aligns with market values, but potential investors should conduct thorough due diligence regarding encumbrances and property condition. Given the symbolic possession status, a calculated approach is advised.
Contact Details
Branch:Branch Office : REGIONAL OFFICE: ERNAKULAM
Service Provider:BAANKNET
Contact Details:
Contact no:04842447860
