Property for Auction in Muvattupuzha, Ernakulam, Kerala
Auction ID:531620
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE: ERNAKULAM
Reserve Price:₹24,36,000
EMD:₹2,43,600
Service Provider:BAANKNET
Submission Date:29-07-2025 05:00 PM
Bid Start Date:31-07-2025 11:00 AM
Discover a promising residential property nestled in the well-connected Muvattupuzha area of Ernakulam, Kerala. This offering includes 1.82 Ares of land complemented by a substantial residential building featuring a built-up area of 106.31 square meters. Strategically located, the property's boundaries are defined by a pathway to the north, the property of Suja Nizar to the south, a 10-feet wide road and Sumathi's property to the east, and the properties of Sindhu and Santhosh to the west. This location in Manjalloor Village provides access to local amenities and the broader economic opportunities within the Ernakulam district. As a residential asset, it holds significant potential for both end-users seeking a home and investors looking to capitalize on the growing real estate market in Kerala. The property's tangible structure and land parcel represent a solid foundation for future development or personal use, making it an attractive proposition for new property buyers.
State:Kerala
City:Ernakulam
Area:Muvattupuzha
Asset Category:Residential
This upcoming SARFAESI auction presents a prime opportunity to acquire a residential property located in the vibrant city of Ernakulam, Kerala. Conducted by Canara Bank, the auction is scheduled to commence on July 31, 2025, from 11:00 AM to 2:00 PM. Aspiring buyers are advised to submit their applications by July 29, 2025, before 5:00 PM. The property, situated in Muvattupuzha Taluk, comprises 1.82 Ares of land with a residential building boasting a plinth area of 106.31 square meters. The reserve price for this valuable asset is set at INR 2,436,000, with an Earnest Money Deposit (EMD) of INR 243,600 required to participate. This auction offers a transparent and regulated process for acquiring real estate directly from the bank. Potential buyers are encouraged to conduct thorough due diligence and inspect the property beforehand to fully understand its potential and condition. For further inquiries, please contact the Regional Office in Ernakulam at 0485 2262919.
Borrower Name:Mujeeb Rahman
Auction Type:SARFAESI Auction
Contact no:0485 2262919