Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612579
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE: ERNAKULAM
Reserve Price:₹16,76,000
EMD:₹1,67,600
Bid Increment:₹50,000
Auction Time:11:00 AM to 02:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:27-11-2025 05:00 PM
Bid Start Date:2023-11-29
Property Description
This auction features a valuable parcel of land located in the Kunnathunad Taluk of Ernakulam, Kerala. The property, originally owned by Mr. Manoharan A.V., is categorized as residential land. It presents an excellent opportunity for investment or development in a sought-after region. The land is being auctioned by Canara Bank under SARFAESI regulations.
State:Kerala
City:Ernakulam
Area:Kunnathunad Taluk
Asset Category:Residential
Full Address:Re.Sy. No.269/6-2 in Block No.43 Aikkarnadu South Village, Kunnathunad Taluk, Ernakulam District, Aikkarnadu South Village, Ernakulam
Size:1.62 Ares
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential land parcel in Kunnathunad Taluk, Ernakulam, Kerala. The auction will take place on November 29, 2025, starting at 11:00 AM and concluding at 02:00 PM. The reserve price is set at ₹16,76,000, with an Earnest Money Deposit (EMD) of ₹1,67,600 required to participate. This is a unique chance to acquire property through a transparent bank auction process.
Borrower Name:Mr. Manoharan A.V
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Latha Manoharan A.V
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land parcel in a developing area, offering potential for future appreciation. The reserve price seems reasonable, but a thorough location assessment is recommended. The auction terms are standard, presenting a calculated investment opportunity.
Contact Details
Branch:Branch Office : REGIONAL OFFICE: ERNAKULAM
Service Provider:BAANKNET
Contact Details:
Contact no:04842780050
