Land And Building for auction Kumbalangi Ernakulam 26 lakh Canara Bank

This offering features a Land and Building property located in the desirable Kumbalangi area of Ernakulam, Kerala. Suitable for residential purposes, this asset presents a compelling opportunity for investors and homeowners alike. The property is situated in a well-connected locality within Ernakulam city, offering convenience and accessibility. Its classification as a residential asset makes it ideal for developing a home or a rental income property. Don't miss this chance to acquire a valuable piece of real estate in a thriving region.

Canara Bank is conducting a SARFAESI auction for a Land and Building property in Kumbalangi, Ernakulam. The auction commences on November 29, 2025, at 11:00 AM and concludes at 02:00 PM on the same day. The reserve price is set at ₹2,623,000, with an Earnest Money Deposit (EMD) of ₹262,300. This is a prime opportunity to bid on a residential property through a transparent banking auction process. Ensure all pre-auction formalities are completed to participate in this significant sale.

This property in Kumbalangi presents a calculated opportunity due to its residential nature and location. The reserve price seems reasonable, however, further due diligence is recommended regarding local market conditions and potential appreciation. The auction terms are standard, warranting consideration for informed buyers.