Property for Auction in Kodungalloor, Thrissur, Kerala
Auction ID:438855
Bank Name:Canara Bank
Branch Name:RECOVERY & LEGAL SECTION, REGIONAL OFFICE
Reserve Price:₹66,50,000
EMD:₹6,65,000
Service Provider:BAANKNET
Submission Date:19-02-2025 05:00 PM
Bid Start Date:20-02-2025 11:00 AM
Discover an exceptional residential investment opportunity in the serene landscapes of Kodungalloor, Thrissur, Kerala. This expansive property spans 6.39 Ares of prime land, thoughtfully subdivided across Sy No. 183/6, and includes a well-maintained residential building. Located in the picturesque Padinjare Vembalur village, the site offers a blend of tranquility and accessibility, making it ideal for families seeking a peaceful abode or investors looking for appreciating assets. The property boasts excellent connectivity, with convenient access to Panchayath Roads on both its west and south boundaries, ensuring ease of commute and accessibility to local amenities. Its strategic positioning in Thrissur, a rapidly developing district, coupled with its residential zoning, underscores its potential for significant capital appreciation. This offering is perfect for new property buyers looking to establish roots in a desirable locale or to capitalize on a promising real estate venture in Kerala's thriving property market, promising a harmonious living environment with strong growth prospects.
State:Kerala
City:Thrissur
Area:Kodungalloor
Asset Category:Residential
For new property buyers, this SARFAESI auction presents a unique opportunity to acquire a valuable asset through a transparent and streamlined process conducted by Canara Bank. The property is available at a competitive Reserve Price of Rs. 6,650,000.00. Prospective bidders must submit an Earnest Money Deposit (EMD) of Rs. 665,000.00, which is a crucial step towards participating in the auction. The online auction is scheduled for a brief window on February 20, 2025, commencing at 11:00 AM and concluding sharply at 12:00 PM. It is imperative for all interested parties to complete their application submissions by 05:00 PM on February 19, 2025, to ensure eligibility. For any clarifications, detailed terms, or assistance with the bidding process, new buyers are strongly encouraged to contact the Canara Bank, Kodungallur branch directly at mobile number 82819914391. This direct line of communication ensures all queries are addressed promptly, facilitating a smooth and informed participation in the auction.
Borrower Name:Binu K.P
Auction Type:SARFAESI Auction
Contact Branch Canara Bank, Kodungallur branch, Mob: 82819914391