Property for Auction in Kochi Taluk, Ernakulam, Kerala
Auction ID:531853
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE: ERNAKULAM
Reserve Price:₹27,85,000
EMD:₹2,78,500
Service Provider:BAANKNET
Submission Date:29-07-2025 05:00 PM
Bid Start Date:31-07-2025 11:00 AM
Discover a promising residential opportunity in Ernakulam, Kerala, with this land and building auction. Located in Kuzhuppilly Village within the sought-after Kochi Taluk, this property spans 2.02 Ares of land and features a residential building with a built-up area of 92.30 Sq. M. The property is identified by Re. Sy. No. 64/3 and 64/4 (Old Sy. No. 157/3) and is well-defined by its boundaries: North by a 3.00 m pathway, South by the property of Subran, East by the property of Vinu Kumar, and West by the property of Santosh. Ernakulam, a major commercial hub in Kerala, offers excellent connectivity, infrastructure, and lifestyle amenities, making it an attractive location for property ownership. This asset category property, being auctioned under the SARFAESI Act by Canara Bank, represents a potential chance to invest in a developing area with scope for future appreciation. Buyers are encouraged to thoroughly inspect the property and understand its legal standing before the auction date to make an informed decision.
State:Kerala
City:Ernakulam
Area:Kochi Taluk
Asset Category:Residential
This SARFAESI auction presents an excellent opportunity for aspiring homeowners and investors to acquire a residential property in the vibrant city of Ernakulam, Kerala. The auction, conducted by Canara Bank through service provider BAANKNET, offers a residential land and building situated in Kuzhuppilly Village, Kochi Taluk. With a reserve price of INR 27,85,000 and an Earnest Money Deposit (EMD) of INR 2,78,500, this auction is accessible to a range of buyers. The property comprises 2.02 Ares of land with a residential building boasting a plinth area of 92.30 Sq. M., located in Re. Sy. No. 64/3 and 64/4. Prospective bidders are strongly advised to conduct thorough due diligence, including site visits and legal verification of the property's title and encumbrances, before participating. The auction is scheduled to commence on July 31, 2025, with bidding open between 11:00 AM and 02:00 PM. Applications for participation must be submitted by July 29, 2025, 05:00 PM. For further inquiries, please contact the Canara Bank Regional Office at 0484 4044308.
Borrower Name:Vinukumar VC
Auction Type:SARFAESI Auction
Ph No. 0484 4044308