Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612571
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE: ERNAKULAM
Reserve Price:₹35,70,000
EMD:₹3,57,000
Bid Increment:₹50,000
Auction Time:11:00 AM to 02:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:27-11-2025 05:00 PM
Bid Start Date:2023-11-29
Property Description
This is a SARFAESI auction for a Land and Building property located in Kochi Taluk, Ernakulam, Kerala. The property is categorized as Residential and was formerly owned by M/s L and L. Marine Food Traders. It is being auctioned by Canara Bank.
State:Kerala
City:Ernakulam
Area:Kochi Taluk
Asset Category:Residential
Full Address:Re. Sy No: 236/1-32 (old Sy.No.33/13/2,4,1-5 & 37/2) of Kuzhuppilly Village, Kochi Taluk, Ernakulam (District), Kuzhuppilly Village, Ernakulam
Size:2.77 Ares
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential Land and Building property in Kochi Taluk, Ernakulam, Kerala. The auction will take place on November 29, 2025, starting at 11:00 AM and concluding at 02:00 PM. The reserve price for this auction is ₹3,570,000, with an Earnest Money Deposit (EMD) of ₹357,000 required. This is an excellent opportunity to acquire a property in a prime location.
Borrower Name:M/s L and L. Marine Food Traders
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property's location in Kochi offers potential, but the specific locality needs further research. The reserve price seems reasonable, but potential buyers should assess the property's condition and market value. The auction terms appear standard, making it a calculated investment opportunity.
Contact Details
Branch:Branch Office : REGIONAL OFFICE: ERNAKULAM
Service Provider:BAANKNET
Contact Details:
Contact no: —
