Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613547
Bank Name:Canara Bank
Branch Name:ARM Branch - Ernakulam
Reserve Price:₹16,50,000
EMD:₹1,65,000
Auction Time:10:30 AM to 11:30 AM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-10
Bid Start Date:2025-12-11
Property Description
This is a prime land and building property located in Kothamangalam, Ernakulam, Kerala. The asset is categorized as residential and is being auctioned by Canara Bank under the SARFAESI Act. This presents a great opportunity to acquire a property in a well-established area.
State:Kerala
City:Ernakulam
Area:Kothamangalam
Asset Category:Residential
Full Address:Survey No. 509/12/2, Thrikkariyoor Village, Kothamangalam Taluk, Ernakulam District, Thrikkariyoor Village, Kothamangalam
Size:4.84 Cents
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential land and building in Kothamangalam, Ernakulam, Kerala. The auction will take place on December 11, 2025, from 10:30 AM to 11:30 AM. The reserve price for this property is ₹16,50,000, with an Earnest Money Deposit (EMD) of ₹1,65,000 required to participate. This is a unique chance to bid on a valuable asset in Kerala.
Borrower Name:M/s. Sila Marbles
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Joy C P
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
Located in Kothamangalam, Ernakulam, this land and building offers moderate potential. The reserve price of ₹1,650,000 and EMD of ₹165,000 make it an accessible entry point. However, prospective buyers should carefully assess the location and potential returns before bidding.
Contact Details
Branch:Branch Office : ARM Branch - Ernakulam
Service Provider:BAANKNET
Contact Details:
Contact no:0484-2353072
