Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613488
Bank Name:Canara Bank
Branch Name:ARM Branch - Ernakulam
Reserve Price:₹24,80,000
EMD:₹2,48,000
Auction Time:10.30 AM to 11.30 AM
Service Provider:BAANKNET
Important Dates
Submission Date:24-11-2025
Bid Start Date:25-11-2025
Property Description
A valuable plot of land with an existing building situated in the Kunnathunad Taluk of Ernakulam, Kerala. This residential asset offers a promising opportunity for investment or personal use in a well-connected area. The property is being auctioned by Canara Bank.
State:Kerala
City:Ernakulam
Area:Kunnathunad Taluk
Asset Category:Residential
Full Address:Re Sy No. 100/7/2/4/1 (Old Sy no.261/8 and 244/1), of Block no.20, Vengola Village, Kunnathunnadu Taluk, Ernakulam District, Vengola Village, Ernakulam
Size:1.62 Ares
Auction Description
Canara Bank is conducting a SARFAESI auction for a land and building property in Kunnathunad Taluk, Ernakulam, Kerala. The auction will take place on November 25, 2025, between 10:30 AM and 11:30 AM. The reserve price for this asset is ₹24,80,000, with an Earnest Money Deposit (EMD) of ₹2,48,000 required to participate. This is a prime opportunity to acquire a residential property through a bank auction.
Borrower Name:Mr. Ashraf T
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Bushra Ashraf
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land and building in a developing area of Ernakulam, offered at a reasonable reserve price. While the location may not be prime, the asset class and price point present a calculated opportunity for investment. Further due diligence is recommended to assess local market conditions and growth potential.
Contact Details
Branch:Branch Office : ARM Branch - Ernakulam
Service Provider:BAANKNET
Contact Details:
Contact no:0484-2353072
