Land And Building for auction Sreemoolanagaram Ernakulam 66 lakh Canara Bank

Property for Auction in Sreemoolanagaram, Ernakulam, Kerala

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
2.43 Ares
Reserve Price
66,00,000
Reserve Price
66,00,000
EMD Required
6,60,000
Property Specifications
Size2.43 Ares
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land And Building
Location IconLocation:
Sreemoolanagaram, Ernakulam
Auction Date IconAuction Date:
25-11-2025 10:30 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:613590

Bank Name:Canara Bank

Branch Name:ARM Branch - Ernakulam

Reserve Price:66,00,000

EMD:6,60,000

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 SARFAESI auction presents a unique opportunity to acquire a Land and Building asset in Sreemoolanagaram, Ernakulam, Kerala. Situated in a desirable residential area, this property offers significant potential for homeowners or investors. The property is part of a bank auction conducted by Canara Bank on behalf of the borrower, Mrs. Sheenamol Joseph. Details regarding the exact size and specifications of the land and building will be available in the full auction notice.

State:Kerala

City:Ernakulam

Area:Sreemoolanagaram

Asset Category:Residential

Full Address:Re.Sy.No.261/1/2 (Old Sy. No. 70/22A, 70/22B), Mattoor Village, Aluva Taluk, Sreemoolanagaram, Ernakulam

Size:2.43 Ares

Auction Description

Canara Bank is holding a SARFAESI auction for a Land and Building property in Sreemoolanagaram, Ernakulam, Kerala. The auction will take place on November 25, 2025, commencing at 10:30 AM and concluding at 11:30 AM. The reserve price for this residential asset is ₹66,00,000, with an Earnest Money Deposit (EMD) of ₹6,60,000 required to participate. Interested bidders are advised to thoroughly review all auction terms and conditions, as well as the detailed property particulars, before the auction date.

Borrower Name:Mrs. Sheenamol Joseph

Auction Type:SARFAESI Auction

Guarantor Names:Mr.Abu John

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

The property's location in Ernakulam and residential nature make it a reasonable investment. However, the reserve price and EMD should be carefully considered. Further due diligence is advised to fully assess market value and potential returns.

Contact Details

Branch:Branch Office : ARM Branch - Ernakulam

Service Provider:BAANKNET

Contact Details:

Authorised Officer

Contact no:0484-2353072/2353071

Discover Similar Auctions

Videos