Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.5
Auction ID:611845
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE: ERNAKULAM
Reserve Price:₹8,21,000
EMD:₹82,100
Bid Increment:₹15,000
Auction Time:11.00 AM to 02.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-27
Bid Start Date:2025-04-29
Property Description
This auction features a prime piece of land with an existing building in Kochi Taluk, Ernakulam, Kerala. The property is categorized as residential, offering a great opportunity for development or personal use. Located in a well-established area, it presents a blend of accessibility and potential.
State:Kerala
City:Ernakulam
Area:Kochi Taluk
Asset Category:Residential
Full Address:Sy. No. 1349 (part) in Kumbalanghi Village, Kochi Taluk, Ernakulam District, Kerala, Kumbalanghi, Ernakulam
Size:0.60 Ares
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential land and building in Ernakulam. The auction will take place on 29-11-2025, with bidding open from 11:00 AM to 02:00 PM. The reserve price is set at INR 821,000, and the Earnest Money Deposit (EMD) required is INR 82,100. This is a secured asset auction, providing a clear title for the successful bidder.
Borrower Name:Shaji PA
Auction Type:SARFAESI Auction
Guarantor Names:Antony Puthenveetil, Puthenveetil House, Kumbalanghi, Kochi, Kunjumon, Kumbalanghi, Kochi
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential land and building in a somewhat developed area. The reserve price seems reasonable, but potential investors should thoroughly investigate the location and condition. Auction terms are standard, making it a calculated opportunity rather than a prime investment.
Contact Details
Branch:Branch Office : REGIONAL OFFICE: ERNAKULAM
Service Provider:BAANKNET
Contact Details:
Contact no: —
