Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612565
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE: ERNAKULAM
Reserve Price:₹51,42,000
EMD:₹5,14,200
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 bank auction of a Land and Building property located in Kodungalloor, Thrissur, Kerala. The property is categorized as Residential. It is being auctioned by Canara Bank under SARFAESI rules. The borrower is M/s Kerys Traders. This presents an opportunity to acquire a property in a key location within Thrissur.
State:Kerala
City:Thrissur
Area:Kodungalloor
Asset Category:Residential
Full Address:MP. 13/312, Sy No. 1183/1 of Methala Village, Kodungallur Taluk, Thrissur District with a total extent of 14.63 Ares, bearing Door No.MP. 13/312 of Kodungalloor Muncipality., Methala Village, Thrissur
Size:14.63 Ares
Auction Description
Canara Bank is holding a SARFAESI auction for a Residential Land and Building property in Kodungalloor, Thrissur, Kerala. The auction is for the asset of M/s Kerys Traders. The reserve price for this auction is ₹51,42,000, with an Earnest Money Deposit (EMD) of ₹5,14,200 required. The auction will commence on November 29, 2025, at 11:00 AM and conclude at 02:00 PM on the same day. Interested bidders should ensure they meet all pre-auction requirements.
Borrower Name:M/s Kerys Traders
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a decent investment potential due to its size and location in Kodungalloor. However, potential investors should conduct thorough due diligence and evaluate the auction terms carefully before bidding, as the property has only symbolic possession.
Contact Details
Branch:Branch Office : REGIONAL OFFICE: ERNAKULAM
Service Provider:BAANKNET
Contact Details:
Contact no:04842508649
