Land for auction 4 A1-2 in Muvattupuzha Villa, Muvattupuzha, Ernakulam by Canara

This offering features a parcel of land measuring 3.96 Ares, complemented by a residential building with a substantial plinth area of 171.93 square meters. Situated in Muvattupuzha Village, within the Ernakulam District of Kerala, the property benefits from a strategic location. Its boundaries are clearly defined: to the north lies a 3.6-meter wide gravel road, providing access, while the south is bordered by the property of George. To the east, the property of Vidhya forms the boundary, and to the west, it is adjoined by a Thondu Vazhy. This residential asset in Muvattupuzha, a region known for its growing infrastructure and community development, offers significant potential for homeowners or investors looking to establish a presence in Kerala. The combination of land and a ready residential structure makes it an attractive prospect for those seeking a property with immediate utility and future appreciation possibilities.

This SARFAESI auction, conducted by Canara Bank through service provider BAANKNET, presents a unique opportunity to acquire residential property in the sought-after Muvattupuzha region of Ernakulam, Kerala. The auction is scheduled to commence on July 31, 2025, with bidding open from 11:00 AM to 2:00 PM. Prospective buyers are required to submit their applications by July 29, 2025, at 5:00 PM. A crucial initial step is the payment of the Earnest Money Deposit (EMD) of ₹280,000, which is 10% of the reserve price of ₹2,800,000. This reserve price sets the baseline for the bidding process. For any inquiries or further details regarding the auction, interested parties are encouraged to contact the Vazhakulam Branch of Canara Bank directly at 0485 2262919. Familiarizing yourself with the SARFAESI Act and its auction procedures is highly recommended for a smooth and informed participation.