Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612593
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹31,70,000
EMD:₹3,17,000
Auction Time:11.30 AM to 12.30 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-26
Bid Start Date:2025-11-29
Property Description
A valuable land and building property located in Nedumangad, Trivandrum, Kerala. This residential asset is being auctioned by Canara Bank as part of a SARFAESI auction. The property offers a great opportunity for investment or personal use in a well-connected area. Further details regarding the specific dimensions and features of the land and building will be available in the detailed auction notice.
State:Kerala
City:Trivandrum
Area:Nedumangad
Asset Category:Residential
Full Address:Re. Sy. No 93/21-2 of Perumkulam Village, Nedumangad Taluk, Nedumangad, Trivandrum
Size:4.05 Ares
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential land and building in Nedumangad, Trivandrum. The auction will take place on November 29, 2025, from 11:30 AM to 12:30 PM. The reserve price for this property is ₹31,70,000, with an Earnest Money Deposit (EMD) of ₹3,17,000 required to participate. This is a prime opportunity to acquire a property through a transparent banking auction process.
Borrower Name:Smt. Bindu K M
Auction Type:SARFAESI Auction
Guarantor Names:Sri Vineeth Babu, Sri Vinod Babu
Legal Details
Possession Status:Symbolic
Encumbrance Details:Nil to the knowledge of the Bank
Why This Property
The property represents a calculated opportunity due to its location in Nedumangad and the land size. The reserve price is moderate for the area, but potential investors should carefully assess the local market conditions. The symbolic possession status and auction terms warrant a cautious approach.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Contact no:0471-2721220
