Land for auction 13 Maradu Villa, Maradu, Ernakulam by Canara

Explore the potential of this residential property located in the well-connected Maradu, Ernakulam, Kerala. The offering includes 0.87 Ares (approximately 936 sq. ft.) of land, featuring a substantial residential building with a plinth area of 1096 sq. ft. Situated in Re. Sy. No. 362/8, Block No. 13 of Maradu Village, this property offers a promising canvas for renovation or development. Its boundaries are clearly defined, bordering properties of Joseph, Chandran, Mary Bernad, and a passage, ensuring clear land demarcation. Ernakulam district is a vibrant economic hub, and Maradu specifically boasts excellent connectivity and access to essential amenities, making it an attractive location for both residents and investors. This property represents a unique chance to invest in a burgeoning area, ideal for those seeking a home or a sound real estate venture.

This SARFAESI auction presents a compelling opportunity to acquire a residential property in the desirable Maradu area of Ernakulam, Kerala. The auction is being conducted by Canara Bank, with a competitive reserve price of ₹32,00,000 and an Earnest Money Deposit (EMD) of ₹3,20,000, indicating a strong potential for value. The bidding process will occur on July 31, 2025, with the auction window open from 11:00 AM to 2:00 PM. Prospective buyers are advised to submit their applications by 5:00 PM on July 29, 2025. This is a chance to enter the property market through a transparent bank auction, offering a straightforward path to ownership. For further inquiries, the Regional Office in Ernakulam can be contacted at 0484 2705700. Familiarize yourself with the SARFAESI auction process to ensure a smooth bidding experience and secure this promising asset.