Land and Building for Auction Kumbalam Ernakulam 59.4 Lakh by Indian Overseas Bank
Kumbalam, Ernakulam
Area: 1.69 Ares
Re. Sy No. 167/8-5 (Old Sy No. 247/2), Block 15, Kumbalam Village, Kanayannur Taluk
Indian Overseas Bank · Regional Office
Reserve price
₹59,42,000
EMD ₹5,94,200
Auction date
24 Sep 2026, 11:00 AM
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Quick read
- ▸Possession: Constructive
- ▸Area: 1.69 Ares
- ▸Locality: Kumbalam
- ▸Reserve: ₹59,42,000
- ▸EMD: ₹5,94,200
Auction snapshot
| Possession | Constructive |
| Property type | Land And Building · Residential |
| Locality | Kumbalam |
| Built-up / plot area | 1.69 Ares |
| Lender | Indian Overseas Bank |
| Branch | Regional Office |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Kumbalam, Ernakulam by Indian Overseas Bank — reserve price ₹59,42,000, 1.69 Ares, Constructive possession.
Explore this prime bank auction property featuring 1.69 Ares of land with a residential building located in Kumbalam, Kanayannur Taluk, Ernakulam. This property, being auctioned by Indian Overseas Bank, offers a strategic investment opportunity in Kerala's real estate market. With a reserve price of ₹59,42,000, this residential asset is situated in a well-connected area with defined boundaries including private roads and neighboring plots. Ideal for residential use or long-term investment, the auction is scheduled for 24th September 2026. Interested buyers should verify all legal aspects and inspection details provided by the bank. Don't miss this opportunity to acquire property through a transparent bank auction process in Ernakulam district.
GeoSquare note: The property is located in the well-developed Kanayannur Taluk of Ernakulam, making it a stable residential investment. The reserve price is competitive for a land-and-building asset in this region; however, bidders should note the 'Constructive' possession status, which implies physical possession may still need to be secured after the auction.
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