Land for auction 3 At Cherthala South Villa, Cherthala, Alappuzha by Canara

This exceptional land parcel, extending to approximately 25.21 Ares, is situated in the sought-after locale of Cherthala South Village, Alappuzha district, Kerala. Possessing significant development potential, this land offers a canvas for astute investors and new property buyers to create their envisioned project. Its location benefits from the burgeoning economic activity and connectivity characteristic of the Alappuzha region. The boundaries are clearly defined, with the east bordering the property of Biji Sanjeev via a private pathway, the south adjacent to Koncherry's property, the north to Purushan's land, and the west to Sanjeev's property. This well-demarcated plot, identified by Deed Numbers 1267/2015 and 2398/2018, represents a valuable asset for those looking to invest in the vibrant Kerala real estate market. Its classification as residential asset category by the bank suggests a suitability for building homes or other residential developments.

This upcoming SARFAESI auction presents a unique opportunity to acquire approximately 25.21 Ares (roughly 271.35 square meters) of prime land in the desirable Cherthala South Village, within the Cherthala Thaluk of Alappuzha district, Kerala. The property, legally identified by Deed No. 1267/2015 & 2398/2018, is offered by Canara Bank with a competitive reserve price of ₹1,54,00,000. The Earnest Money Deposit (EMD) required is ₹15,40,000. This parcel of land, situated in Sy No 276/12-3, offers significant potential for development, whether for residential or commercial purposes, given its strategic location. The auction will be conducted online via the BAANKNET platform, managed by ARM Branch - Ernakulam. Prospective buyers are advised to carefully review all documentation and property boundaries before participating. For any queries, Canara Bank can be reached at 0484-2353072/2353071.