Land for auction 2018 Ares of Land and Residential Thodupuzha Idukki by Canara Bank

The property for auction is situated in Udumbannoor village, Thodupuzha taluk, Idukki district, Kerala, and comprises 4.45 ares (approximately 4800 square feet) of land along with a residential building. Its boundaries are clearly defined: the Udumbannoor-Peringassery road to the north, the property of Salamma to the south, a pathway to the east, and the property of the Valiyamplackal family to the west. This location in Idukki district, known for its scenic beauty and developing infrastructure, offers a tranquil living environment. The property is described as 'Land And Building' and is categorized as 'Residential'. This presents a promising opportunity for new buyers looking to invest in a property with potential for personal use or rental income in a desirable part of Kerala. The property is registered under Deed No. 1870/2018 in the name of Mr. Gopidas CK.

This auction presents a unique opportunity to acquire a residential property located in Thodupuzha, Idukki district, Kerala, through a SARFAESI auction conducted by Canara Bank. The bidding process will commence on July 31, 2025, at 10:30 AM and conclude at 11:30 AM on the same day. To participate, prospective buyers must submit their applications by July 30, 2025, at 05:00 PM. A crucial requirement for participation is the Earnest Money Deposit (EMD) of ₹192,500.00, which is 10% of the reserve price of ₹1,925,000.00. This auction is managed by BAANKNET. For any queries or further information, interested parties can contact the ARM Branch - Ernakulam at 0484-2353072 or 0484-2353071. Understanding the SARFAESI auction process, including eligibility criteria and documentation, is essential before placing a bid.