Property for Auction in Sreemoolanagaram, Ernakulam, Kerala
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
Submission Date:2025-11-24
Bid Start Date:2025-11-25
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
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
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
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.
Branch:Branch Office : ARM Branch - Ernakulam
Service Provider:BAANKNET
Contact Details:
Authorised Officer
Contact no:0484-2353072/2353071