Land for auction 2 B2-2-5-5 in of Muvattupuzha Villa, Muvattupuzha, Ernakulam by Canara

The property up for auction is a Land and Building asset situated in the vibrant Muvattupuzha area of Ernakulam District, Kerala. Covering an extent of 2.02 Ares (approximately 2174 square feet), it features a residential building with a plinth area of 111.49 square meters (approximately 1200 square feet). Located in Sy. No. 56/1B2-2-5-5, the property's boundaries are clearly defined: North by John's property, South by a private pathway, East by remaining property, and West by Joshy's property. This parcel of land and its existing structure offer significant potential for new homeowners or investors looking to capitalize on the growing real estate market in Ernakulam. Its location in Muvattupuzha provides access to local amenities and the broader economic opportunities within the district, making it an attractive prospect for those seeking a home or an investment opportunity.

This SARFAESI auction, facilitated by Canara Bank through BAANKNET, presents a unique opportunity to acquire a residential property in Muvattupuzha, Ernakulam, Kerala. The auction will 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 July 29, 2025, 5:00 PM. The reserve price for this asset has been set at ₹25,14,000, with an Earnest Money Deposit (EMD) of ₹2,51,400 required to participate. This represents a chance to invest in a property located within a developed region, potentially offering excellent value. We encourage all interested new buyers to thoroughly review the sale notice and any available documentation to understand the terms and conditions of this bank auction and to prepare diligently for the bidding process.