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

This offering features a valuable residential property situated in the well-regarded Kanayannur Taluk of Ernakulam District, Kerala. The parcel comprises 1.21 Ares of land, thoughtfully improved with a residential building boasting a substantial plinth area of 110.41 square meters. The property's location within Kanayannur Taluk provides access to the region's developing infrastructure and community amenities, making it an attractive prospect for both owner-occupiers and investors. The land is clearly demarcated with neighboring properties to the north, south, east, and west, facilitating precise identification. This asset represents a compelling opportunity for buyers seeking to invest in the thriving real estate market of Ernakulam, offering the potential for customization and value enhancement. Its designation as a residential asset category underscores its suitability for establishing a comfortable home or a rental income-generating property within a sought-after locale.

Prospective buyers are invited to participate in a SARFAESI auction hosted by Canara Bank for a residential property located in the desirable Kanayannur Taluk of Ernakulam, Kerala. This auction presents a unique opportunity to acquire land and a building with a plinth area of 110.41 square meters. The bidding process will commence on July 31, 2025, at 11:00 AM and conclude at 02:00 PM on the same day. Potential bidders must submit their applications by July 29, 2025, at 05:00 PM. The property is situated on 1.21 Ares of land, with clearly defined boundaries for ease of assessment. Interested parties are encouraged to conduct thorough due diligence regarding the property's condition, legal status, and market value prior to the auction. For any queries or further details, please contact the Canara Bank's Ernakulam Vyttila Branch at 0484 2302443. The reserve price for this auction is set at ₹31,50,000, with an Earnest Money Deposit (EMD) of ₹3,15,000 required to participate.