Land and Building for Auction Moothakunnam Village Ernakulam 24.4 Lakh by Axis Bank
Moothakunnam Village, Ernakulam
Area: 2.7 Ares
Moothakunnam Village, Paravur Taluk, Paravur Sub District, ERNAKULAM District, Kerala
Axis Bank · Retail Lending and Payment Group
Reserve price
₹24,40,000
EMD ₹2,44,000
Auction date
17 Jul 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 2.7 Ares
- ▸Locality: Moothakunnam Village
- ▸Reserve: ₹24,40,000
- ▸EMD: ₹2,44,000
Auction snapshot
| Possession | Physical |
| Property type | Land And Building · Residential |
| Locality | Moothakunnam Village |
| Built-up / plot area | 2.7 Ares |
| Lender | Axis Bank |
| Branch | Retail Lending and Payment Group |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | drt.auctiontiger.net |
About this property
Land And Building bank auction in Moothakunnam Village, Ernakulam by Axis Bank — reserve price ₹24,40,000, 2.7 Ares, Physical possession.
Discover a valuable bank auction property by Axis Bank: 2.70 Ares of land with an existing building located in Moothakunnam Village, Paravur Taluk, Ernakulam, Kerala. This 'residential property for sale' offers a promising investment opportunity in a well-defined locality. The boundaries are clearly marked: East: Property of Santha; North: Panchayath Way; West: Property of Devadas; South: Thodu. With a reserve price of ₹2,440,000.0 and an EMD of ₹244,000.0, this is an accessible entry into the property market. The e-auction is scheduled for July 17, 2026, from 11:00 AM to 12:00 PM. Key advantages include 'physical possession' by the bank and 'nil' known encumbrances, ensuring a secure transaction. For more details, contact the authorized officer.
GeoSquare note: This property offers a strong investment opportunity with a good location in Moothakunnam Village, Ernakulam. The combination of 'Land with Building' and physical possession taken by Axis Bank significantly reduces buyer risk. The 'Nil' encumbrance status provides further assurance. With a reserve price of ₹2,440,000.0 for 2.70 Ares, it represents good value in a developing area.
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