Land for auction 0 Cheranaloor Villa, Kanyannoor, Ernakulam by Canara

Located in the promising area of Kanyannoor, Ernakulam District, Kerala, this property comprises 0.61 Ares of land with a residential building boasting a plinth area of 450.00 Sq. Ft. Situated in Sy. No. 1115/10 within Cheranaloor Village, Kanayanoor Taluk, this property offers a tangible asset with potential for comfortable living or rental income. The property boundaries, as per the deed, are clearly defined: North by a 1.0 M pathway, South by the property of Mr. Jacob, East by the property of Mr. Thampi, and West by the property of Mr. Lalan. Ernakulam, as a district, is known for its vibrant economy and growing infrastructure, making this an attractive location for property investment. The asset category is residential, making it suitable for individuals or families seeking a home in this well-connected region of Kerala. This is an ideal entry point for first-time buyers venturing into the real estate auction market.

This SARFAESI auction presents a unique opportunity to acquire a residential property in Kanyannoor, Ernakulam, Kerala, offered by Canara Bank. The auction will commence on July 31, 2025, at 11:00 AM and conclude at 2:00 PM on the same day. To participate, prospective buyers must submit their applications by July 29, 2025, 05:00 PM. The reserve price for this asset is set at 13,37,400.00, with an Earnest Money Deposit (EMD) of 1,33,740.00. This auction is facilitated by BAANKNET. Interested parties are advised to review all terms and conditions carefully and conduct their due diligence before placing bids. For further inquiries, please contact the Regional Office: Ernakulam at 0484 2435436. Understanding the SARFAESI Act and the auction process is crucial for new investors looking to secure properties through this channel.