Land and Building for Auction Nedumbassery Ernakulam 4.7 Crore by Asset Reconstruction Company India Ltd Arcil

Quick read

• ▸Possession: Physical
• ▸Area: 70.30 Cents
• ▸Locality: Nedumbassery
• ▸Reserve: ₹4,72,30,000
• ▸EMD: ₹47,23,000

About this property

Land And Building bank auction in Nedumbassery, Ernakulam by Asset Reconstruction Company (India) Ltd. (Arcil) — reserve price ₹4,72,30,000, 70.30 Cents, Physical possession.

Participate in the bank auction property opportunity for a prime residential land and building in Nedumbassery, Aluva, Ernakulam. Spanning 70.30 Cents (Property No. 3), this asset includes a residential building (No. VIII/413C) and is strategically located near NH 47. This bank auction by Arcil offers a significant opportunity for investors seeking land in a high-demand Kerala locality. The reserve price is set at ₹4,72,30,000 with an EMD of ₹47,23,000. Interested bidders must complete the application by October 06, 2026. This property features clear physical possession by the bank, making it a viable acquisition. Conduct your due diligence on this residential land for sale in Ernakulam before the e-auction date on October 07, 2026.

GeoSquare note: The property offers a significant land parcel in a well-connected area near NH 47, which is a positive factor. However, the presence of revenue attachments and substantial outstanding revenue dues adds a layer of legal complexity and risk. Prospective buyers should perform thorough due diligence regarding these encumbrances before proceeding.