Land for auction 3 Chennamangalam Villa, Paravur, Ernakulam by Canara

Discover an exceptional land investment opportunity in the highly sought-after Paravur Taluk, Ernakulam, Kerala, presented through a Canara Bank auction. This residential asset encompasses a total extent of 2.10 Ares in Re Sy No: 478/15 of Chennamangalam Village, a location renowned for its developing infrastructure and tranquil environment. As a strategically situated land parcel, it offers immense potential for constructing a bespoke residential dwelling or as a valuable long-term asset in one of Kerala's most dynamic districts. The clearly defined boundaries, including properties of Valsan, Sasi, and Vinodan, along with an accessible way, ensure ease of identification and future planning. This property represents a unique chance for new buyers to acquire a significant piece of land in Ernakulam, a city known for its economic vibrancy and quality of life, promising both immediate utility and substantial appreciation over time.

This prime land parcel, presented through a transparent SARFAESI auction by Canara Bank, offers an exceptional opportunity for new property buyers. The auction is scheduled for March 29, 2025, commencing at 11:00 AM and concluding at 02:00 PM, providing a focused bidding window. A crucial aspect for participation is the Earnest Money Deposit (EMD) of INR 266,900.00, which is 10% of the attractive Reserve Price set at INR 2,669,000.00. Prospective bidders must ensure their application is submitted by March 27, 2025, at 05:00 PM. It is highly recommended that interested parties conduct thorough due diligence, including a physical inspection of the property and a comprehensive review of all auction terms and conditions. For any queries or further details regarding this auction, please contact Canara Bank's Regional Office in Ernakulam directly at +91 484-2447860. This structured process ensures a fair chance for all serious buyers.