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

Discover a promising residential opportunity in the heart of Ernakulam, Kerala, specifically within Kanayannur Taluk. This property features 1.21 Ares (approximately 1302 sq ft) of land complemented by a residential building with a plinth area of 50.67 Sq. M. (approximately 545 sq ft). Situated in Kumbalam Village, the location benefits from its proximity to essential amenities and transportation networks within the vibrant Ernakulam district. The property's boundaries are clearly defined, bordering properties belonging to Sumathi to the north, a pathway and Thankamma’s property to the south, Shyamala’s property to the east, and Ammukutti’s property to the west. This parcel of land, identified by Re Sy No: 43/11 in Block no. 15, represents a solid investment for those looking to establish roots or expand their real estate portfolio in a sought-after region of Kerala, offering potential for both personal residence and rental income.

This auction presents a unique opportunity to acquire a residential property located in the well-connected Kanayannur Taluk of Ernakulam, Kerala. The auction will be conducted by Canara Bank under the SARFAESI Act, with a clearly defined reserve price of INR 27,00,000 and an Earnest Money Deposit (EMD) of INR 2,70,000. Prospective buyers are encouraged to submit their applications by July 29, 2025, before 5:00 PM, with the auction scheduled to commence on July 31, 2025, at 11:00 AM and conclude at 2:00 PM. This property, comprising 1.21 Ares of land with a 50.67 Sq. M. residential building, offers a foothold in a developing area. We recommend thorough due diligence, including site visits and legal verification, prior to participation. For any queries, interested parties can contact the Ernakulam Vyttila Branch at 0484 2302443.