Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612824
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹34,10,000
EMD:₹3,41,000
Auction Time:10:30 AM to 11.30 AM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-25
Bid Start Date:2025-11-25
Property Description
This is a prime plot of land located in the scenic Paravur Taluk, Ernakulam, Kerala. The property is categorized as residential, offering an excellent opportunity for development or personal use. Situated in a well-connected area, it promises both tranquility and accessibility. The land is being auctioned by Canara Bank as part of a SARFAESI action.
State:Kerala
City:Ernakulam
Area:Paravur Taluk
Asset Category:Residential
Full Address:12/510-A, Sy. No. 325/3 of Alangad Village, bearing building No. 12/510-A (old No. IX/321-A), Alangad Village, Ernakulam
Size:3.64 Ares
Auction Description
Canara Bank is conducting an SARFAESI auction for a valuable plot of land in Paravur Taluk, Ernakulam, Kerala. The auction has a reserve price of ₹34,10,000 and an Earnest Money Deposit (EMD) of ₹3,41,000. The auction will take place online on November 25, 2025, starting at 10:30 AM and concluding at 11:30 AM. This is a fantastic opportunity to acquire a desirable piece of real estate in a sought-after location.
Borrower Name:Ms. Alis John Ereira
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Manoj Chacko
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The land in Paravur Taluk represents a moderate investment opportunity due to its location and size. The reserve price is reasonable, but further due diligence is advised to assess the land's development potential and market conditions. Given the auction terms, it's a calculated risk with potential for appreciation.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no:0484-2353072/2353071
