Property for Auction in Cherthala, Alappuzha, Kerala
Auction ID:531849
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE: ERNAKULAM
Reserve Price:₹44,98,000
EMD:₹4,49,800
Service Provider:BAANKNET
Submission Date:29-07-2025 05:00 PM
Bid Start Date:31-07-2025 11:00 AM
Discover a promising residential asset in the serene locale of Cherthala, Alappuzha, Kerala, an area known for its tranquil environment and growing potential. This property, meticulously detailed within Re. Sy. No. 262/2-4-1, 262/2-1-2 & 262/2-4 of Thannermukkom North Village, offers a generous expanse of approximately 9.98 Ares of land, complemented by a residential building with a practical plinth area of 56.13 Sq. M. The land parcel is well-defined by its boundaries, ensuring clarity for potential owners, with neighbouring properties belonging to Gopalakrishnan, Mohanan, Shaji to the North, Unnikrishnan and Ramachandran Pulloottu to the South, Pankajakshi Kollamthara & Ramachandran Kollamthara to the East, and Mohanan & Unnikrishnan along with a PWD Road to the West. This property represents an excellent prospect for discerning buyers looking to establish a residence or make a strategic real estate investment in a desirable part of Kerala.
State:Kerala
City:Alappuzha
Area:Cherthala
Asset Category:Residential
This offering presents an exceptional opportunity to acquire a residential property situated in the sought-after Cherthala area of Alappuzha, Kerala, through a SARFAESI auction conducted by Canara Bank. The auction is scheduled to commence on July 31, 2025, at 11:00 AM and will conclude at 2:00 PM on the same day. Prospective buyers are required to submit their applications by July 29, 2025, at 5:00 PM. The property, identified as Re. Sy. No. 262/2-4-1, 262/2-1-2 & 262/2-4 in Thannermukkom North Village, comprises approximately 9.98 Ares of land paired with a residential building featuring a plinth area of 56.13 Sq. M. The reserve price for this asset is ₹44,98,000, with an Earnest Money Deposit (EMD) of ₹4,49,800 required to participate. This is a unique chance to invest in a property with clear boundaries and a strategic location, facilitated by the reputable Canara Bank.
Borrower Name:M/s Vembanad Oil Mill
Auction Type:SARFAESI Auction
Ph No. 0484 4044308