Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613504
Bank Name:Canara Bank
Branch Name:ARM Branch - Ernakulam
Reserve Price:₹62,40,000
EMD:₹6,24,000
Auction Time:10:30 AM to 11:30 AM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
This auction features a valuable land and building asset located in Ollur, Thrissur, Kerala. The property is categorized as residential and is being auctioned by Canara Bank under the SARFAESI Act. It presents a significant opportunity for investment or ownership in a prime location.
State:Kerala
City:Thrissur
Area:Ollur
Asset Category:Residential
Full Address:Re Sy No. 116/54P (old Sy No. 192/1P), Ollur, Thrissur
Size:3.01 Ares
Auction Description
Canara Bank presents a SARFAESI auction for a land and building property in Ollur, Thrissur. The auction will take place on November 25, 2025, from 10:30 AM to 11:30 AM. The reserve price is set at ₹6,240,000, with an Earnest Money Deposit (EMD) of ₹624,000 required. This is a unique chance to acquire a property through a transparent bank auction process.
Borrower Name:M/s. Digital Sales Corporation
Auction Type:SARFAESI Auction
Guarantor Names:Sri. Rajesh Michael, Smt. Shakkeela
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a residential land and building in Ollur, a locality in Thrissur. The reserve price seems reasonable, but potential buyers should assess the location and building condition carefully before bidding. It's a calculated opportunity for those familiar with the area.
Contact Details
Branch:Branch Office : ARM Branch - Ernakulam
Service Provider:BAANKNET
Contact Details:
Contact no:0484-2353072
