Property for Auction in Kattappana, Idukki, Kerala
Auction ID:539438
Bank Name:Canara Bank
Branch Name:ARM Branch - Ernakulam
Reserve Price:₹53,00,000
EMD:₹5,30,000
Service Provider:BAANKNET
Submission Date:30-07-2025 05:00 PM
Bid Start Date:31-07-2025 10:30 AM
Nestled in the picturesque Kattappana village of Idukki district, Kerala, this auction features a valuable residential property consisting of approximately 3.70 Ares of land, designated by Re Sy No 341/2-1-6. The property is complemented by a residential building and is legally covered by Document No.232/1/2021 of Kattappana Sub-Registrar Office, in the name of Mr. Joshy M Baby. The land offers a substantial footprint for various development possibilities, making it an attractive prospect for both end-users and investors. Its strategic location is further enhanced by clear boundaries: North by the property of Radhakrishnan, South by Abilash's property, East by a 12-feet private road, and West by Santhosh's property, indicating accessibility and established neighborhood context. This offering represents a significant chance to invest in a property with considerable potential in a sought-after region of Kerala.
State:Kerala
City:Idukki
Area:Kattappana
Asset Category:Residential
This SARFAESI auction, conducted by Canara Bank, presents a compelling opportunity for new property buyers to acquire a residential asset in the vibrant locality of Kattappana, Idukki, Kerala. The auction is scheduled to take place on July 31, 2025, with bidding commencing at 10:30 AM and concluding at 11:30 AM. A key requirement for participation is the submission of applications by July 30, 2025, 05:00 PM. The earnest money deposit (EMD) required is ₹5,30,000, serving as a commitment to bid, with the reserve price set at ₹53,00,000. This event, managed by BAANKNET, offers a transparent and regulated platform for acquiring property. Interested buyers are encouraged to review the property details thoroughly and prepare for the bidding process. For any queries, the Canara Bank ARM Branch - Ernakulam can be reached at 0484-2353072 or 2353071.
Borrower Name:Mr. Joshy M Baby
Auction Type:SARFAESI Auction
Contact No ; 0484-2353072,2353071