Land for auction 5466 Netissery Villa, Nettissery, Thrissur by Canara

Nestled in the accessible area of Nettissery, Thrissur, Kerala, this property comprises 10.67 Ares (approximately 115 decimal) of land along with a residential building. Strategically located with Corporation Road on its south and east boundaries, it offers excellent connectivity and visibility. The property is bordered to the north by land owned by Kochattil Suresh and to the west by property belonging to Konikkara Ouseph, providing a clear understanding of its immediate surroundings. This land and building asset, recorded under Deed No 5466/2004 of Ollukkara SRO and formerly in the name of Sri. Sreekumar K, represents a promising acquisition for those looking to invest in the growing Thrissur real estate market. Its residential classification suggests potential for personal use or rental income, making it an attractive option for first-time buyers or seasoned investors.

This offering presents a unique opportunity to acquire a property through a SARFAESI auction conducted by Canara Bank. The auction will take place on July 31, 2025, with bidding open from 10:30 AM to 11:30 AM. Prospective buyers are required to submit their applications by 5:00 PM on July 30, 2025. A key requirement for participation is the Earnest Money Deposit (EMD) of ₹15,30,000. The reserve price for this asset is set at ₹1,53,00,000. For any queries or further information regarding the auction process or the property, interested parties can contact the ARM Branch in Ernakulam at 0484-2353072/2353071 or via email at [email protected]. It is advisable for all potential bidders to thoroughly review all auction-related documents and conduct their due diligence prior to the auction date to ensure a smooth and informed bidding experience.