Land for auction 402 Thekkumbhagam Villa, Kanayannur, Ernakulam by Canara

Nestled within the vibrant Kanayannur Taluk of Ernakulam, Kerala, this property offers a compelling blend of land and a residential building. Spanning 3.05 Ares (approximately 328.3 sq ft) of land, the site features a residential structure with a plinth area of 88.00 Sq. m. (approximately 947.2 sq ft). Located in Thekkumbhagam Village, its boundaries are clearly defined, with properties belonging to Suresh and Sanal to the north, Satheesan and Sanal to the south, a road and Sarojini's property to the east, and Soman's property to the west. This strategic location within Ernakulam district, a key economic hub in Kerala, provides excellent connectivity and access to essential amenities. The property's classification as a residential asset and its presence in a well-defined village area suggest potential for both personal residence and investment, making it an attractive prospect for new property buyers seeking value in the Kerala real estate market.

This SARFAESI auction presents a valuable opportunity to acquire a residential property in Ernakulam, Kerala, through Canara Bank. The auction is scheduled to commence on July 31, 2025, with bidding open from 11:00 AM to 2:00 PM. To participate, interested buyers must submit their applications by July 29, 2025, 5:00 PM. The reserve price for this asset is set at INR 5,003,000, with an Earnest Money Deposit (EMD) of INR 500,300 required to secure your bidding eligibility. For any inquiries or further details regarding the auction process or the property itself, potential bidders are encouraged to contact the regional office at 0484 4044308. This event is managed by BAANKNET, ensuring a structured and transparent bidding environment. Familiarize yourself with the SARFAESI Act guidelines and ensure all documentation is in order before the application deadline to make an informed bid.