Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611825
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE: ERNAKULAM
Reserve Price:₹13,25,000
EMD:₹1,32,500
Service Provider:BAANKNET
Important Dates
Submission Date:27-11-2025 05:00 PM
Bid Start Date:29-11-2025 11:00 AM
Property Description
This is a bank auction property located in Muvattupuzha, Ernakulam, Kerala. The property consists of land and a building, categorized as residential. It is being auctioned by Canara Bank as part of a SARFAESI auction, with Mrs. Omana Rajan as the borrower.
State:Kerala
City:Ernakulam
Area:Muvattupuzha
Asset Category:Residential
Full Address:Thekkemalayil House, Kalampoor P O, Piravom, Ernakulam, Kerala, 686664, Piravom, Ernakulam
Size:2.83 ares
Auction Description
Canara Bank is conducting a SARFAESI auction for a land and building property in Muvattupuzha, Ernakulam, Kerala. The auction will take place on November 29, 2025, from 11:00 AM to 02:00 PM. The reserve price for this residential property is ₹13,25,000, with an Earnest Money Deposit (EMD) of ₹1,32,500 required to participate.
Borrower Name:Mrs. Omana Rajan
Auction Type:SARFAESI Auction
Guarantor Names:Rajan K.T. Thekkemalayil
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a moderate investment opportunity due to its location in Ernakulam and the land with building asset type. The reserve price seems reasonable, though further due diligence is required to assess market value and potential appreciation.
Contact Details
Branch:Branch Office : REGIONAL OFFICE: ERNAKULAM
Service Provider:BAANKNET
Contact Details:
Contact no: —
