Land for auction 1 Elamkulam Villa, Kanayannur, Ernakulam by Canara

Participate in an exciting SARFAESI auction by Canara Bank for a valuable residential property in Ernakulam, Kerala. The auction will take place on July 31, 2025, with bidding open from 11:00 AM to 02:00 PM. The reserve price for this asset is set at ₹39,60,000, with an Earnest Money Deposit (EMD) of ₹3,96,000 required to participate. Prospective buyers must submit their applications by July 29, 2025, 05:00 PM. This property, identified as 'Land And Building' in Kanayannur Taluk, Elamkulam Village, is a unique chance for first-time property buyers to enter the market. For any inquiries, please contact the Ernakulam Vyttila Branch at 0484 2302443. Familiarize yourself with the auction process, including the submission of applications and the bidding mechanics, to ensure a smooth and successful transaction.

This auction presents a prime opportunity to acquire a residential property located in the sought-after Kanayannur Taluk of Ernakulam, Kerala. The property comprises 1.00 Ares of land along with a residential building featuring a plinth area of 42.40 Sq. M., situated in Sy. No. 1013/5 of Elamkulam Village. Its strategic location offers excellent accessibility, with boundaries defined by Narayanan's property to the north, Aneesh's property to the south, a road to the east, and Sukumaran's property to the west, suggesting a well-connected and potentially peaceful neighborhood. This SARFAESI auction, facilitated by Canara Bank, is ideal for new buyers looking for a foothold in the thriving Ernakulam real estate market. The property's asset category as 'Residential' and type as 'Land and Building' indicate its suitability for personal residence or rental income generation, promising significant potential for appreciation. Interested parties are encouraged to review all details and prepare for the bidding process.