Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613463
Bank Name:Federal Bank
Branch Name:LCRD / ERNAKULAM DIVISION
Reserve Price:₹1,26,00,000
EMD:₹12,60,000
Auction Time:10.45 AM
Service Provider:Public Auction
Important Dates
Submission Date:24-11-2025 05:00 PM
Bid Start Date:2025-11-25
Property Description
This offering presents a prime piece of real estate in Kanayannur Taluk, Ernakulam, Kerala. The property comprises a land parcel with an existing building, categorized as residential. It represents a valuable opportunity for investment or personal use in a desirable location within Ernakulam.
State:Kerala
City:Ernakulam
Area:Kanayannur Taluk
Asset Category:Residential
Full Address:Re-Sy. No. 121/11-4, 121/11-3 and 121/11-4-2 (old Sy. No. 204/7, 204/2,7 and 204/7), Block No. 19 of Manakunnam Village, Manakunnam Village, Ernakulam
Size:10.0 ares
Auction Description
Federal Bank is conducting a SARFAESI auction for a land and building property in Kanayannur Taluk, Ernakulam. The auction has a reserve price of ₹1,26,00,000 and requires an Earnest Money Deposit (EMD) of ₹12,60,000. Bidders are advised to review all terms and conditions. The auction will take place on November 25, 2025, with bidding open from 10:45 AM to 11:45 AM. This is a significant opportunity to acquire property through a formal bank auction process.
Borrower Name:Mr. Jayakumar. R
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Neethu Mol. S alias Neethu Madhukumar
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
Located in Ernakulam, this land and building presents a calculated opportunity given its price point and location. While it requires careful assessment, the reserve price and auction terms make it a potentially viable investment. Further due diligence on the location is advised.
Contact Details
Branch:Branch Office : LCRD / ERNAKULAM DIVISION
Service Provider:Public Auction
Contact Details:
Contact no: —
