Land for auction 16 Karakulam Villa, Nedumangad, Trivandrum by Canara

Discover a prime parcel of undeveloped land, spanning approximately 10 cents (4.10 Ares), located in Nedumangad, a rapidly developing locality within the Trivandrum District of Kerala. This property, identified by Thandaper No. 28990 in Karakulam Village, falls under Block No. 34 and Re-Survey No. 457/16 (Old Survey No. 3304/2), signifying its clear legal standing. The vacant nature of the land provides a blank canvas for ambitious development projects, whether for constructing a residential dwelling, a commercial space, or as a valuable long-term investment. Its accessibility and proximity to key amenities in Trivandrum make it an attractive proposition. The auction, managed by BAANKNET on behalf of Canara Bank, offers a transparent platform for acquiring this asset. Detailed boundary descriptions are available, ensuring clarity for all interested parties, with the property bordered by private land parcels.

This SARFAESI auction presents a unique opportunity to acquire a substantial plot of vacant land, approximately 10 cents (4.10 Ares), situated in the well-connected area of Nedumangad, Trivandrum, Kerala. The property is strategically located within Block No. 34, Re-Survey No. 457/16 of Karakulam Village, offering significant potential for residential development or investment. Its boundaries are clearly defined, with neighboring properties belonging to Sasidharan Nair to the north, Gireesan Nair to the south, Nadavarambu to the east, and Bennet to the west. The auction is being conducted by Canara Bank, with a reserve price set at 18,54,000 INR and an Earnest Money Deposit (EMD) of 1,85,400 INR. Prospective buyers are encouraged to submit their applications by 28th July 2025, 05:00 PM. This is an ideal chance for new buyers to enter the property market through a transparent and regulated bank auction process.