Land for auction 2 Muvattupuzha Villa, Muvattupuzha, Ernakulam by Canara

Property for Auction in Muvattupuzha, Ernakulam, Kerala

Property Type IconProperty Type:
Land And Building
Location IconLocation:
Muvattupuzha, Ernakulam
Auction Date IconAuction Date:
31-07-2025 11:00 AM

Auction Details

Auction ID:531601

Bank Name:Canara Bank

Branch Name:REGIONAL OFFICE: ERNAKULAM

Reserve Price:20,86,000

EMD:2,08,600

Service Provider:BAANKNET

Important Dates

Submission Date:29-07-2025 05:00 PM

Bid Start Date:31-07-2025 11:00 AM

Property Description

Discover a promising residential property located in the vibrant locale of Muvattupuzha, within the Ernakulam District of Kerala. This offering encompasses 2.83 Ares of land, a substantial plot for development or personal use, complemented by a 100.00 Sq. M. residential building. The property is situated in Sy. No. 115/1 of Muvattupuzha Village, a location known for its blend of natural beauty and developing infrastructure. The boundaries are clearly defined, with adjacent properties belonging to Ameer to the north, Shaji & Sabu to the south, and a pathway to the east, and Chandran to the west, ensuring clear demarcation. Muvattupuzha is a rapidly growing area, offering accessibility to essential amenities, educational institutions, and healthcare facilities, making it an attractive prospect for homeowners and investors alike. The potential for renovation or redevelopment of the existing structure, combined with the land's strategic location, offers significant value-add possibilities for the discerning buyer.

State:Kerala

City:Ernakulam

Area:Muvattupuzha

Asset Category:Residential

Auction Description

This auction presents a unique opportunity to acquire a residential property in Muvattupuzha, Ernakulam, Kerala, through a SARFAESI auction conducted by Canara Bank. The sale notice details a property comprising 2.83 Ares of land with a residential building of 100.00 Sq. M. The land is situated in Sy. No. 115/1 of Muvattupuzha Village, offering a well-defined plot with specified boundaries. For new buyers, understanding the SARFAESI auction process is crucial; it allows banks to recover non-performing assets. Potential buyers should conduct thorough due diligence, including site visits and legal verification of the property and its title. The auction is scheduled to commence on July 31, 2025, from 11:00 AM to 02:00 PM. Interested parties are required to submit their applications by July 29, 2025, 05:00 PM. The reserve price is set at ₹20,86,000, with an Earnest Money Deposit (EMD) of ₹2,08,600. This represents a chance to invest in a property with potential for appreciation in the growing Ernakulam district.

Borrower Name:Abhirami Jayan

Auction Type:SARFAESI Auction

Contact Details

Contact no:0485 2835021

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