Land for auction 2 Keecheri Villa, Kanyannoor, Ernakulam by Canara Bank

Discover a promising residential asset in the vibrant locality of Kanyannoor, Ernakulam, Kerala, ideal for first-time homebuyers or investors seeking value. This property, offered by Canara Bank, features approximately 1.62 Ares (around 1744 sq. ft.) of land, providing ample space, complemented by a cozy residential building with a built-up area of 703.70 Sq. Ft. Located in Keecheri Village, Kanayannur Taluk, the property benefits from its strategic position within Ernakulam district, a rapidly developing economic hub in Kerala. The boundaries indicate good neighborhood connectivity, with access to properties owned by Prabhakaran, Narayanan, Muhammad Kunju, Shomi Joseph, and a private road to the east, while Prabhakaran's property marks the west boundary. This parcel of land and the accompanying structure offer a solid foundation for creating a comfortable home or a potential rental income property, given the area's growing demand for quality housing. Its proximity to essential amenities and transport links further enhances its appeal as a sound real estate investment.

This SARFAESI auction presents a compelling opportunity to acquire a residential property located in Kanyannoor, Ernakulam, Kerala, brought to you by Canara Bank. The auction will be conducted online, with bidding commencing on July 31, 2025, at 11:00 AM and concluding at 2:00 PM on the same day. Prospective buyers are required to submit their applications by July 29, 2025, at 5:00 PM. The property, situated in Keecheri Village, Kanayannur Taluk, comprises 1.62 Ares of land along with a residential building boasting a plinth area of 703.70 Sq. Ft. The reserve price for this auction is set at ₹19,24,000, with an Earnest Money Deposit (EMD) of ₹1,92,400. For further inquiries, interested parties can contact the Canara Bank Regional Office in Ernakulam at 0484-2745145. This auction is managed by BAANKNET, a reputable service provider in the digital auction space, ensuring a transparent and efficient bidding process for all participants.