Land for auction 5 Palluruthy Villa, Kochi, Ernakulam by Canara

Nestled in the well-connected Kochi Taluk, Ernakulam District, this property offers a promising investment in Kerala's real estate landscape. The parcel comprises approximately 0.78 Ares of land, thoughtfully complemented by a residential building with a plinth area of 469.88 sq. ft. Located in Palluruthy Village, Sy. No. 1153/2, the property boasts defined boundaries, with North facing the property of Ayisha, South bordering a road, East adjacent to a 'Thodu' (stream/drainage), and West bordered by another property. This strategic positioning within Ernakulam ensures access to local amenities, educational institutions, and commercial hubs, making it an attractive prospect for homeowners or property developers. The asset category is residential, underscoring its suitability for living or rental purposes. This is a prime opportunity for discerning buyers to secure a piece of real estate in a region known for its economic growth and cultural richness, with significant potential for enhancement and capital gains.

This SARFAESI auction presents a unique opportunity to acquire a residential property located in the vibrant Kochi Taluk of Ernakulam District, Kerala. The auction, conducted by Canara Bank, will take place on July 31, 2025, with bidding open from 11:00 AM to 2:00 PM. Interested buyers are required to submit their applications by 5:00 PM on July 29, 2025. The reserve price for this asset is set at INR 14,78,000, with an Earnest Money Deposit (EMD) of INR 1,47,800 required to participate. The property consists of approximately 0.78 Ares of land along with a residential building featuring a plinth area of 469.88 sq. ft., situated in Sy. No. 1153/2, Palluruthy Village. This is an excellent chance for new investors to enter the property market in a sought-after location, offering potential for both personal use and future value appreciation. For further details, contact the Kochi Willingdon Island Branch at 0484 2668087.