Property for Auction in Kanayannur Taluk, Ernakulam, Kerala
Auction ID:531851
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE: ERNAKULAM
Reserve Price:₹20,25,000
EMD:₹2,02,500
Service Provider:BAANKNET
Submission Date:29-07-2025 05:00 PM
Bid Start Date:31-07-2025 11:00 AM
We invite you to explore a prime land parcel of 6.07 Ares, situated in Re. Sy. No. 290/6 Pt, Block No. 25 of Edakkattuvayal Village, within the Kanayannur Taluk of Ernakulam District, Kerala. This vacant land offers a blank canvas for your development aspirations, presenting a unique chance to invest in a region known for its economic vitality and growth. The property's boundaries are clearly defined: to the North lies Vazhy and property of Kalyani, to the South are properties of Bhavani and Raman, to the East are properties of Gopi, and to the West, properties of Raman. This precise demarcation ensures clarity for any future planning. Being located in Ernakulam District, the property benefits from the robust infrastructure and accessibility characteristic of this major city in Kerala. The asset category is listed as Residential, suggesting a potential for building homes or related infrastructure. This is an excellent opportunity for savvy investors and new buyers seeking to enter the Kerala property market.
State:Kerala
City:Ernakulam
Area:Kanayannur Taluk
Asset Category:Residential
This auction presents a compelling opportunity for prospective buyers to acquire a significant parcel of land located in the well-connected Kanayannur Taluk of Ernakulam District, Kerala. The property, identified as Re. Sy. No. 290/6 Pt in Block No. 25 of Edakkattuvayal Village, spans 6.07 Ares and is offered by Canara Bank under the SARFAESI Act. As a vacant land, it holds substantial potential for development, whether for residential, commercial, or agricultural purposes, subject to local regulations. The strategic location within Ernakulam, a thriving economic hub in Kerala, ensures good connectivity and access to essential amenities. The reserve price is set at ₹20,25,000, with an Earnest Money Deposit (EMD) of ₹2,02,500 required to participate. This auction is managed by BAANKNET, a service provider facilitating online property sales. Prospective bidders are advised to review all available documentation and conduct thorough due diligence prior to the auction date.
Borrower Name:M/s Vembanad Oil Mill
Auction Type:SARFAESI Auction
Ph No. 0484 4044308