Land for auction 1 Perumbavoor Villa, Kunnathunad, Ernakulam by Canara

This property, situated in the well-connected Kunnathunad Taluk of Ernakulam District, Kerala, offers a promising prospect for new property owners. The land parcel extends to 1.83 Ares, complemented by a residential building with a built-up area of 67.00 Sq. M., located in Perumbavoor Village. Its boundaries are clearly defined, with proximity to a municipality road on the west and a road to the south, potentially enhancing accessibility and future development prospects. Ernakulam District is known for its robust infrastructure and economic activity, making Kunnathunad Taluk an area with potential for appreciation and desirable for residential living. The property's asset category is residential, indicating its suitability for personal use or as a rental investment. Buyers are encouraged to visit the site to assess its current condition and evaluate its potential for renovation or further development, keeping in mind its location benefits within the dynamic Kerala real estate market.

This upcoming SARFAESI auction presents a unique opportunity to acquire a residential property located in the Kunnathunad Taluk of Ernakulam District, Kerala, offered by Canara Bank. The auction is scheduled to commence on July 31, 2025, at 11:00 AM and will conclude at 02:00 PM on the same day. Prospective buyers are required to submit their applications by July 29, 2025, at 05:00 PM. The property comprises 1.83 Ares of land along with a residential building featuring a plinth area of 67.00 Sq. M., situated in Re. Sy. No. 65, Block No. 28 of Perumbavoor Village. The reserve price for this asset is set at ₹16,39,000, with an Earnest Money Deposit (EMD) of ₹1,63,900. This auction is being facilitated by BAANKNET, with inquiries directed to REGIONAL OFFICE: ERNAKULAM at 0484 4044308. It is crucial for new buyers to thoroughly understand the auction terms and conditions, and to conduct their due diligence before participating.