Land for auction 1 Pindimana Villa, Kothamangalam, Ernakulam by Canara

Discover a promising residential opportunity in the vibrant locale of Kothamangalam, Ernakulam, Kerala. This property features a land parcel measuring 1.42 Ares, complemented by a residential building with a plinth area of 65.05 square meters. Situated in Sy. No. 669/7-1 of Pindimana Village, its boundaries are clearly defined: to the North lies the property of Kousallya, the South is bordered by a Mud Road, the East by the property of Pathrose, and the West by the property of Sofia Paulose. This land and building combination offers significant potential for new homeowners or astute investors looking to capitalize on the growing real estate market in Ernakulam. Its strategic location within Kothamangalam provides access to local amenities and infrastructure, making it an attractive prospect for development or personal residence. This is an ideal chance to invest in a property with tangible assets in a sought-after region of Kerala.

This auction presents a unique opportunity to acquire a residential property located in Kothamangalam, Ernakulam, Kerala, through a SARFAESI auction conducted by Canara Bank. The auction process is straightforward, with the bidding commencing on July 31, 2025, from 11:00 AM and concluding at 2:00 PM on the same day. Interested buyers are required to submit their applications by July 29, 2025, at 5:00 PM. The reserve price for this asset is ₹18,49,000, with an Earnest Money Deposit (EMD) of ₹1,84,900. This property is being offered by BAANKNET, and for further inquiries, interested parties can contact them at 0485 2860253. Understanding the SARFAESI process and adhering to the submission deadlines are crucial for participation. We recommend thoroughly reviewing all auction terms and conditions prior to bidding to ensure a smooth transaction and to explore the potential of this investment.