Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613541
Bank Name:Canara Bank
Branch Name:ARM Branch - Ernakulam
Reserve Price:₹33,00,000
EMD:₹3,30,000
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 auction features a residential land and building in Chalakudy, Thrissur, Kerala. The property, previously owned by Mr. Shiyad TM, is being auctioned by Canara Bank under the SARFAESI Act. It represents an opportunity to acquire real estate in a well-known area of Thrissur.
State:Kerala
City:Thrissur
Area:Chalakudy
Asset Category:Residential
Full Address:20/93, Sy No. 462/1 of Vadakkumbhagam Village, Chalakudy Taluk, Thrissur District along with a residential building with building No. 20/93, Vadakkumbhagam Village, Chalakudy
Size:6.07 Ares
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential land and building located in Chalakudy, Thrissur, Kerala. The auction will take place on 11-12-2025, starting at 10:30 AM and concluding at 11:30 AM. The reserve price is set at ₹33,00,000, with an Earnest Money Deposit (EMD) of ₹3,30,000 required to participate.
Borrower Name:Mr. Shiyad TM
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Ashifa P M.
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property's location in Chalakudy, Thrissur, a growing region in Kerala, offers moderate investment potential. The reserve price is reasonable given the land area and residential building, but further due diligence is recommended to assess local market conditions. It's a calculated opportunity due to its blend of residential and land value.
Contact Details
Branch:Branch Office : ARM Branch - Ernakulam
Service Provider:BAANKNET
Contact Details:
Contact no:0484-2353072
