Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609221
Bank Name:Canara Bank
Branch Name:RECOVERY & LEGAL SECTION
Reserve Price:₹8,00,000
EMD:₹80,000
Auction Time:11.00 AM to 12.00 Noon
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-28
Bid Start Date:2025-11-29
Property Description
This auction features a valuable piece of real estate in Mukundapuram, Thrissur, Kerala. The property is a Land and Building, categorized as residential, offered by Canara Bank. It presents a unique opportunity for investors or homebuyers looking to acquire property in a desirable location within Thrissur. The asset was formerly owned by Mr. Venu K.S. This is a SARFAESI auction.
State:Kerala
City:Thrissur
Area:Mukundapuram
Asset Category:Residential
Full Address:Sy. No 412/5 of Mattathur village, Mukundapuram, Thrissur
Size:1.21 Ares
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential Land and Building property in Mukundapuram, Thrissur, Kerala. The auction will commence on November 29, 2025, at 11:00 AM and conclude at 12:00 PM on the same day. The reserve price for this property is ₹8,00,000, with an Earnest Money Deposit (EMD) of ₹80,000 required to participate. This is a significant opportunity to bid on a bank-auctioned asset.
Borrower Name:Mr. Venu K.S
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Sreedharan, Mir. Privesh Venu, Mr. Venu K S
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property represents a calculated opportunity due to its location in Mukundapuram, Thrissur, and its classification as land with a building. The reserve price of ₹800000.0 may present potential for value appreciation. However, further due diligence is recommended to ascertain the condition of the building and local market trends.
Contact Details
Branch:Branch Office : RECOVERY & LEGAL SECTION
Service Provider:BAANKNET
Contact Details:
Authorised Officer
Contact no:8281999827
