Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611840
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE: ERNAKULAM
Reserve Price:₹19,43,000
EMD:₹1,94,300
Bid Increment:₹25,000
Service Provider:BAANKNET
Important Dates
Submission Date:27-11-2025 05:00 PM
Bid Start Date:2025-07-31
Property Description
This SARFAESI auction features a prime Land And Building property located in Kanayanoor Taluk, Ernakulam, Kerala. Situated in a desirable urban area, this asset offers significant potential for residential use. The property is being auctioned by Canara Bank due to the default of borrower Mr. Santhosh KR.
State:Kerala
City:Ernakulam
Area:Kanayanoor Taluk
Asset Category:Residential
Full Address:Sy. No. 1118/7, Poonithura Village, Kanayanoor Taluk, Ernakulam District, Poonithura Village, Ernakulam
Size:2.5 cents
Auction Description
Canara Bank is conducting a SARFAESI auction for a Land And Building property in Kanayanoor Taluk, Ernakulam, Kerala. The auction will take place on November 29, 2025, from 11:00 AM to 02:00 PM. The reserve price is set at ₹19,43,000.00, with an Earnest Money Deposit (EMD) of ₹1,94,300.00 required to participate. This is a valuable opportunity to acquire a residential asset in a key location.
Borrower Name:Mr. Santhosh KR
Auction Type:SARFAESI Auction
Guarantor Names:Sio Raphael K, Kokkamcheniyil (H), Mr. Pramod P, Shanji Nivas
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property, a residential land and building in Ernakulam, presents a calculated opportunity due to its location and reasonable reserve price. However, potential investors should carefully evaluate the encumbrance status and property condition before bidding.
Contact Details
Branch:Branch Office : REGIONAL OFFICE: ERNAKULAM
Service Provider:BAANKNET
Contact Details:
Contact no: —
