Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611823
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE: ERNAKULAM
Reserve Price:₹10,05,000
EMD:₹1,00,500
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 prime SARFAESI auction opportunity in Kochi Taluk, Ernakulam, Kerala, featuring a Land And Building asset. Ideal for residential investment, this property is brought to you by Canara Bank.
State:Kerala
City:Ernakulam
Area:Kochi Taluk
Asset Category:Residential
Full Address:Sy. No 13/2-19 of Rameswaram Village, Kochi Taluk, Ernakulam District, Rameswaram Village, Ernakulam
Size:0.40 Ares
Auction Description
Canara Bank presents a SARFAESI auction for a residential Land And Building property in Kochi Taluk, Ernakulam, Kerala. The auction starts on November 29, 2025, at 11:00 AM and concludes at 02:00 PM on the same day. The reserve price is set at ₹1,005,000.00, with an Earnest Money Deposit (EMD) of ₹100,500.00 required. This is a direct opportunity to acquire property from borrower Mr. Melbin D Coutho.
Borrower Name:Mr. Melbin D Coutho
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property, a land and building in Kochi, presents a calculated opportunity due to its location and potential. While the reserve price is moderate, further investigation into market conditions and legal aspects is advised. The property type suggests potential for residential or small-scale commercial development.
Contact Details
Branch:Branch Office : REGIONAL OFFICE: ERNAKULAM
Service Provider:BAANKNET
Contact Details:
Contact no: —
