Land for auction 2 Sio Ponnu at Kodannur Villa, Kodannur, Thrissur by Canara

This exceptional land parcel, offered through a Canara Bank auction, presents a superb opportunity for aspiring homeowners or astute investors in the burgeoning Thrissur district. Located in the serene Kodannur Village, this residential plot spans a practical 4.05 Ares, equivalent to 10 cents, an ideal size for constructing a comfortable family home. The property's precise location in Sy No.29/29-1 is clearly delineated by established boundaries: a private road to the East, Vadassery Thankcappan Nair Vaka Parambu to the West, Moonukol Veethiyulla Vazhy to the North, and Vadakkoot Narayanan Nair Vaka Parambu to the South, ensuring clarity and ease of access. Kodannur's strategic position within Thrissur offers a tranquil living environment while maintaining convenient connectivity to urban amenities. This land parcel is perfectly suited for developing a bespoke residence, leveraging its peaceful surroundings and the inherent value appreciation potential of land in a growing district like Thrissur.

Prospective bidders should note that this offering is a SARFAESI auction conducted by Canara Bank, providing a secure and transparent pathway to acquiring distressed assets with clear titles. The auction for this Kodannur land is scheduled for February 20, 2025, commencing at 11:00 AM and concluding promptly at 12:00 PM. A competitive Reserve Price of INR 15,30,000.00 has been set, requiring an Earnest Money Deposit (EMD) of INR 1,53,000.00, which is mandatory for participation and typically refundable to unsuccessful bidders. Interested parties must submit their applications by 05:00 PM on February 19, 2025. All proceedings will be facilitated by the service provider BAANKNET. For comprehensive details, including property inspection arrangements and the full terms and conditions of sale, new buyers are strongly encouraged to contact the Canara Bank, Irinjalakuda Branch at Ph. No. 8281991430. Thorough due diligence prior to the auction is highly recommended.