Property for Auction in Kunnathunad Taluk, Ernakulam, Kerala
Auction ID:538390
Bank Name:Canara Bank
Branch Name:ARM Branch - Ernakulam
Reserve Price:₹35,28,000
EMD:₹3,52,800
Service Provider:BAANKNET
Submission Date:30-07-2025 04:00 PM
Bid Start Date:31-07-2025 10:30 AM
Discover a promising real estate investment in Ernakulam's Kunnathunad Taluk, a region known for its growing economic activity and connectivity. This offering comprises 5.40 Ares of land, identified within Re Sy no 237/1-2 in Block no 17 of Vengoor West Village. The property is situated in a well-connected area, bordered by a Panchayat Road to the east and a 3.66-meter wide private way to the north, ensuring convenient access. The land includes an existing residential building, offering immediate utility or a foundation for future expansion and modernization. The boundaries are clearly defined, with adjacent properties belonging to Sajeev KN to the south and Ambadan Sreedharan to the west, providing clear demarcation. This parcel represents a substantial opportunity for buyers looking to invest in a developing locale with the potential for significant capital appreciation or to establish a residential presence in a desirable part of Kerala.
State:Kerala
City:Ernakulam
Area:Kunnathunad Taluk
Asset Category:Residential
This presents a compelling opportunity to acquire a significant land parcel through a SARFAESI auction conducted by Canara Bank. The auction is scheduled for July 31, 2025, with bidding open between 10:30 AM and 11:30 AM. The property, located in the thriving Kunnathunad Taluk of Ernakulam, Kerala, offers 5.40 Ares of land in Re Sy no 237/1-2, Vengoor West Village. This strategic location benefits from accessibility via a Panchayat Road on the east and a private way to the north, with distinct boundaries to the south and west. The land comes with existing residential building and other improvements, presenting potential for development or renovation. The reserve price is set at ₹35,28,000, with an Earnest Money Deposit (EMD) of ₹3,52,800 required to participate. Prospective buyers are advised to complete their application submission by July 30, 2025, 4:00 PM. For further inquiries, contact the ARM Branch - Ernakulam at 0484-2353072/2353071.
Borrower Name:Sri Wilson Daniel
Auction Type:SARFAESI Auction
Contact (Ph. No. 0484-2353072/2353071)