Land for auction 1 Thrikkakara North Villa, Kanyannoor, Ernakulam by Canara

Discover a promising residential asset located in Kanyannoor, Ernakulam, Kerala. This property, an integral part of a Canara Bank auction, features a land parcel measuring 1.21 Ares accompanied by a residential building with a plinth area of 57.00 Sq. M. Situated in Re Sy No. 827/12, Block No. 5 of Thrikkakara North Village, Kanayannur Taluk, this property benefits from its Ernakulam district location, known for its development and connectivity. The property is bordered by the properties of Abdul Kareem to the North, a Road to the South, a Municipal Road to the East, and properties belonging to Siddique and Jameela to the West. This offers a clear understanding of its immediate surroundings and accessibility. The potential for renovation or redevelopment in this developing area makes it an attractive prospect for both end-users and investors seeking to capitalize on the real estate growth in Kerala.

This auction presents a compelling opportunity to acquire a residential property in the vibrant locale of Kanyannoor, Ernakulam, Kerala, through a SARFAESI auction conducted by Canara Bank. The auction is scheduled to commence on July 31, 2025, with bidding open from 11:00 AM to 2:00 PM. Prospective buyers are required to submit their applications by 5:00 PM on July 29, 2025. A crucial step in the process is the Earnest Money Deposit (EMD) of ₹193,400, which is 10% of the reserve price of ₹1,934,000. This auction is managed by BAANKNET, with further details available through their platform. For inquiries, interested parties can contact the Canara Bank Regional Office in Ernakulam at 0484 2424321. Understanding the SARFAESI act and the specific terms and conditions of the auction is highly recommended for all participants to ensure a smooth transaction.