Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:611457
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹52,00,000
EMD:₹5,20,000
Service Provider:BAANKNET
Important Dates
Submission Date:24-11-2025 05:00 PM
Bid Start Date:25-11-2025 10:30 AM
Property Description
This SARFAESI auction features a valuable land and building property in the scenic area of Varkala, Trivandrum, Kerala. Ideal for residential use, this asset offers a prime location within a well-known tourist destination. Don't miss this opportunity to acquire property in a developing region of Kerala.
State:Kerala
City:Trivandrum
Area:varkala
Asset Category:Residential
Full Address:Sy No 209/9 of Vettoor Village, Varkala Taluk, Trivandrum District, Vettoor Village, Trivandrum
Size:10.8 ares
Auction Description
Canara Bank is conducting a SARFAESI auction for a land and building property in Varkala, Trivandrum. The auction will take place on November 25, 2025, between 10:30 AM and 11:30 AM. The reserve price is INR 52,00,000, with an Earnest Money Deposit (EMD) of INR 5,20,000. This is a unique chance to bid on a residential property under the SARFAESI Act.
Borrower Name:Mr. Shahir Shajajhan
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property presents a calculated opportunity due to its location in Varkala and the land size. The reserve price seems reasonable, but further due diligence is advised. The potential for appreciation exists, but it's not a prime investment due to limited details on the residential building.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
