Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613548
Bank Name:Canara Bank
Branch Name:ARM Branch - Ernakulam
Reserve Price:₹27,50,000
EMD:₹2,75,000
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 SARFAESI auction for a Land and Building property in Kothamangalam, Ernakulam, Kerala. Owned by M/s. Sila Marbles, this residential asset presents a unique opportunity. The property is being auctioned by Canara Bank, offering a chance to acquire a significant real estate asset in a developing area.
State:Kerala
City:Ernakulam
Area:Kothamangalam
Asset Category:Residential
Full Address:Survey No. 509/12/2 of Thrikkariyoor Village, Thrikkariyoor Village, Kothamangalam, Ernakulam
Size:3.24 Ares
Auction Description
Canara Bank is conducting a SARFAESI auction for a Land and Building property in Kothamangalam, Ernakulam, Kerala. The auction will take place on December 11, 2025, starting at 10:30 AM and concluding at 11:30 AM. The reserve price for this asset is ₹27,50,000.00, with an Earnest Money Deposit (EMD) of ₹2,75,000.00 required to participate. This is a prime opportunity for potential buyers to bid on a valuable property.
Borrower Name:M/s. Sila Marbles
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Joy CP
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land and building in a semi-urban location with a moderate reserve price. While not a prime investment, its location in Ernakulam and accessible boundaries present a calculated opportunity. Further due diligence is recommended before bidding.
Contact Details
Branch:Branch Office : ARM Branch - Ernakulam
Service Provider:BAANKNET
Contact Details:
Contact no:0484-2353072
