Land for auction 9 Veravoor Villa, Thalapilly, Thrissur by Canara

Located in the accessible Thalappilly taluk of Thrissur, Kerala, this property presents a compelling prospect for new buyers seeking a residential asset. It comprises a land parcel of 6 cents (approximately 2.43 ares) with a built-up area of 968 square feet. Situated in Veravoor Village, the property is identified by Re Sy No 310/9. Its boundaries are clearly defined, bordering the property of Khadeeja to the north, Sudheer and Asiya to the south, Thankan Nair to the east, and a road to the west, ensuring clear access and identifiable neighbors. The property's valuation starts at a reserve price of INR 2,050,000, suggesting it's an attractive entry point for individuals looking to invest in the Thrissur real estate market. This offering, categorized as Land and Building, holds potential for various residential uses or further development, making it an appealing option for those new to property acquisition through auctions.

This is a valuable opportunity for new property buyers to engage with the bank auction process through a SARFAESI auction conducted by Canara Bank. The auction will take place on July 31, 2025, with bidding open between 10:30 AM and 11:30 AM. To participate, interested parties must submit their applications by 4:00 PM on July 30, 2025. The earnest money deposit (EMD) required to bid is INR 205,000, which is 10% of the reserve price of INR 2,050,000. This indicates a well-defined entry point for prospective bidders. For any queries regarding the auction or the property, prospective buyers can contact the ARM Branch of Canara Bank in Ernakulam at 0484-2353072 or 0484-2353071. Understanding these parameters is crucial for a smooth and successful bidding experience in the competitive bank auction market.