Land for auction 4 Alakode Villa Thodupuzha Idukki by Canara

This SARFAESI auction, facilitated by Canara Bank and managed by BAANKNET, involves the sale of a significant landholding of approximately 149.70 Ares. The property is located in Alakode Village, Thodupuzha Taluk, within the Idukki District of Kerala. Specifically, the land parcels are identified by survey numbers 1121/1A/4, 1122/4/2, and 112/4/5. The auction includes a residential building and any other existing improvements, providing a ready base for potential residential or commercial ventures. The property's location in Thodupuzha, Idukki, is a key advantage, offering access to the natural beauty and developing economic landscape of the region. The auction will commence on July 31, 2025, at 10:30 AM and conclude at 11:30 AM on the same day. Prospective bidders are required to submit their applications by July 30, 2025, at 5:00 PM. The reserve price for this asset is ₹70,95,000, with an Earnest Money Deposit (EMD) of ₹7,09,500. For inquiries, please contact the ARM Branch - Ernakulam at 0484-2353072/2353071.

This auction presents a unique opportunity to acquire a substantial parcel of land, approximately 149.70 Ares, situated in the scenic Alakode Village of Thodupuzha Taluk, Idukki District, Kerala. The property, identified by Sy No 1121/1A/4, 1122/4/2, and 112/4/5, comes with an existing residential building and all associated improvements, offering immediate potential for use or further development. Located within the Idukki district, known for its natural beauty and growing infrastructure, this land parcel benefits from a strategic position in Thodupuzha. The boundaries are clearly defined, with neighboring properties belonging to Siby & John to the east, Mannoorkar to the south, and Mary, Jose & CK Narayanan to the west, while the north is bordered by a 'Vazhi' (pathway). This offering, conducted under the SARFAESI Act by Canara Bank, represents a chance to invest in a well-situated property with considerable scope for enhancement and capital appreciation in a desirable region of Kerala. The earnest money deposit (EMD) is set at ₹7,09,500, with a reserve price of ₹70,95,000.