Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611842
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE: ERNAKULAM
Reserve Price:₹25,52,000
EMD:₹2,55,200
Bid Increment:₹50,000
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 SARFAESI auction for a residential land and building located in Kochi Taluk, Ernakulam, Kerala. The property is part of a bank auction being conducted by Canara Bank.
State:Kerala
City:Ernakulam
Area:Kochi Taluk
Asset Category:Residential
Full Address:Re. Sy. No. 225/24 in Block No. 1 (Old. Sy. No. 32/15), Kuzhuppilly Village, Kochi Taluk, Kuzhuppilly Village, Ernakulam
Size:1.665 Ares
Auction Description
Canara Bank is holding a SARFAESI auction for a residential land and building in Kochi Taluk, Ernakulam, Kerala. The auction begins on November 29, 2025, at 11:00 AM and concludes at 02:00 PM on the same day. The reserve price for this auction is INR 25,52,000, with an Earnest Money Deposit (EMD) of INR 2,55,200. This auction presents an opportunity to acquire property in the Ernakulam region.
Borrower Name:Sebastian RM
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property, a land and building in Kuzhuppilly Village, presents a calculated opportunity due to its location and reserve price. While not a prime investment, it offers potential for development or resale. Auction terms appear standard, but a thorough due diligence is recommended.
Contact Details
Branch:Branch Office : REGIONAL OFFICE: ERNAKULAM
Service Provider:BAANKNET
Contact Details:
Authorized Officer
Contact no:8281990082
