Land for auction 4 Peroorkada Villa, Peroorkada, Trivandrum by Canara

Discover an excellent investment prospect with this 10-cent land parcel located in Peroorkada, Trivandrum, a sought-after residential hub in Kerala. This property, legally identified within Block No. 57, Re-Survey No. 4/4 (Old Survey No. 1819), offers a prime location with convenient access. The boundaries are clearly defined, with neighboring properties to the north (Prasad's land), a substantial 35-meter road to the south, a private road to the east, and the Kiliyar stream to the west. As a residential asset, this land holds significant potential for development, whether for building a personal residence or for constructing multiple units, capitalising on the growing demand in Trivandrum. The strategic positioning ensures good connectivity and accessibility, making it an attractive proposition for both end-users and astute investors looking to leverage the city's expansion. The clear title and the well-defined boundaries provide a solid foundation for your next real estate venture.

This SARFAESI auction presents an exceptional opportunity to acquire a valuable parcel of land in the desirable Peroorkada area of Trivandrum, Kerala. The property, measuring approximately 10 cents (4.05 Ares), is situated within Block No. 57, Re-Survey No. 4/4, in Peroorkada Village. Its location benefits from proximity to a 35-meter wide road to the south and a private road to the east, with adjacent land belonging to Prasad to the north and a stream (Kiliyar) to the west. This land is designated as Residential Asset Category, suggesting strong potential for residential development. The auction is being conducted by Canara Bank, with BAANKNET serving as the service provider. Aspiring buyers are encouraged to review the detailed sale notice for specific terms and conditions. The reserve price for this promising plot is set at INR 44,10,000, with an Earnest Money Deposit (EMD) of INR 4,41,000 required to participate. Bidding will be open on July 31, 2025, from 11:30 AM to 12:30 PM, with application submissions due by July 28, 2025, 5:00 PM. For inquiries, contact Sasthamangalam at 0471-2721220 or 8281991387.