Land for auction 14 Thalayazham villa, Vaikom, Kottayam by Canara

Property for Auction in Vaikom, Kottayam, Kerala

Property Type IconProperty Type:
Land
Location IconLocation:
Vaikom, Kottayam
Auction Date IconAuction Date:
31-07-2025 10:30 AM

Auction Details

Auction ID:538563

Bank Name:Canara Bank

Branch Name:ARM Branch - Ernakulam

Reserve Price:31,00,000

EMD:3,10,000

Service Provider:BAANKNET

Important Dates

Submission Date:30-07-2025 05:00 PM

Bid Start Date:31-07-2025 10:30 AM

Property Description

Explore a prime land opportunity in the scenic locale of Vaikom, Kottayam, Kerala, offered through a Canara Bank auction. This asset comprises 14.40 Ares of land situated in Sy.No.253/10/02 and 253/14 of Thalayazham village. The property is a valuable residential plot, featuring a residential building and all associated improvements. Its strategic location is further defined by its boundaries: to the north, it is bordered by the Panchayath Road and properties belonging to the Chuvadasseril and Kavillthara families; to the south, by property of Thundaparambil; to the east, by properties of Sugathan, Kuttappan, and the Chuvadasseril family; and to the west, by properties of Puthiyathara and Kavillthara. This land parcel presents a compelling prospect for development or as a personal residence in a well-established area of Kottayam, offering potential for future appreciation.

State:Kerala

City:Kottayam

Area:Vaikom

Asset Category:Residential

Auction Description

This is a SARFAESI auction opportunity presented by Canara Bank for a valuable parcel of land located in Vaikom, Kottayam, Kerala. The auction is scheduled to take place on July 31, 2025, with bidding open from 10:30 AM to 11:30 AM. Prospective buyers are required to submit their applications by July 30, 2025, 05:00 PM. A crucial aspect for interested parties is the Earnest Money Deposit (EMD) of INR 310,000, which is 10% of the reserve price of INR 3,100,000. This implies a significant investment opportunity with a clearly defined entry point. For any queries or further information regarding the auction process or property details, interested buyers can contact the ARM Branch - Ernakulam at 0484-2353072 or 0484-2353071. It is advisable for new buyers to conduct thorough due diligence on the property and understand the terms and conditions of SARFAESI auctions before participating.

Borrower Name:Mr.A K Balan

Auction Type:SARFAESI Auction

Contact Details

Contact Ph. No. 0484-2353072/2353071

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