Land for auction 4 Kuttampuzha Villa, Kothamangalam, Ernakulam by Canara

Located in Kothamangalam, Ernakulam District, Kerala, this offering comprises 4.05 Ares (approximately 4359 sq ft) of land along with a residential building featuring a plinth area of 102.23 Sq. M. (approximately 1100 sq ft). Situated in Re. Sy. No. 15/20, Block No. 2 of Kuttampuzha Village, the property benefits from its strategic location within Ernakulam, a district known for its economic vibrancy and connectivity. The property boundaries are defined as North: Property of Shivadas, South: Panchayath Road, East: Property of Shivadas, and West: Property of Peter, providing clear demarcation. This asset category is residential, making it ideal for individuals or families seeking a home in a developing area or investors looking for potential rental income or capital appreciation. The accessibility via the Panchayath Road enhances its appeal. This is a significant opportunity for new buyers to invest in a property with inherent value and potential in a sought-after region of Kerala.

This SARFAESI auction presents a unique opportunity to acquire a residential property comprising land and a building in the well-connected area of Kothamangalam, Ernakulam, Kerala. The auction, conducted by Canara Bank, has a reserve price of ₹15,67,000.00, with an Earnest Money Deposit (EMD) of ₹1,56,700.00 required to participate. The bidding process will be managed through BAANKNET, with the auction scheduled to commence on July 31, 2025, at 11:00 AM and conclude at 2:00 PM on the same day. Prospective buyers are advised to ensure their applications are submitted by July 29, 2025, 5:00 PM. This is an excellent chance for new buyers to enter the property market through a transparent and regulated process, offering potential for both personal use and investment. For further inquiries, potential bidders can contact the regional office at 0485 2826282.