Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612585
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹39,80,000
EMD:₹3,98,000
Auction Time:11.30 AM to 12.30 PM
Service Provider:BAANKNET
Important Dates
Submission Date:26.11.2025
Bid Start Date:29.11.2025
Property Description
This auction features a prime residential property consisting of land and a building located in Nedumangad, Trivandrum, Kerala. Ideal for a family home or investment, this asset is being auctioned by Canara Bank under the SARFAESI Act. The property offers a great opportunity to acquire real estate in a developing area of Trivandrum.
State:Kerala
City:Trivandrum
Area:Nedumangad
Asset Category:Residential
Full Address:Kallara Village, Nedumangad Taluk, Trivandrum district, Nedumangad, Trivandrum
Size:03.26 Ares
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential land and building in Nedumangad, Trivandrum, Kerala. The auction will take place on November 29, 2025, from 11:30 AM to 12:30 PM. The reserve price for this valuable property is ₹39,80,000, with an Earnest Money Deposit (EMD) of ₹3,98,000. This is a fantastic opportunity for potential buyers to acquire a property at a competitive price.
Borrower Name:Shri. Santhoshkumar S.
Auction Type:SARFAESI Auction
Guarantor Names:Smt. Muneere J, Shri. Santhosh Kumar, Shri. Sasidharan Nair M
Legal Details
Possession Status:Symbolic
Encumbrance Details:Nil to the knowledge of the Bank
Why This Property
The property is a land and building in Nedumangad, a developing location in Trivandrum. The reserve price seems reasonable, and the auction terms are standard. However, further due diligence is needed to ascertain the market value and potential for appreciation.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
