Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:612551
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE: ERNAKULAM
Reserve Price:₹9,90,000
EMD:₹99,000
Bid Increment:₹15,000
Service Provider:BAANKNET
Important Dates
Submission Date:27-11-2025 05:00 PM
Bid Start Date:2025-05-31
Property Description
A prime plot of land located in Aluva, Ernakulam, Kerala, offered for auction by Canara Bank. This residential land presents a great opportunity for development or investment in a rapidly growing area. Situated in a well-connected locality, it offers accessibility and potential for future appreciation.
State:Kerala
City:Ernakulam
Area:Aluva
Asset Category:Residential
Full Address:Old.Sy.No.330/5B, Re sy no. 70/14-5 of Block 7, Angamaly Village, Aluva Taluk, Aluva, Ernakulam
Size:2.27 Ares
Auction Description
Canara Bank is conducting a SARFAESI auction for a valuable plot of land in Aluva, Ernakulam. The auction starts on November 29, 2025, at 11:00 AM and concludes at 02:00 PM on the same day. The reserve price is set at ₹9,90,000, with an Earnest Money Deposit (EMD) of ₹99,000 required. This is a unique chance to acquire land through a transparent banking auction process.
Borrower Name:M/s.Face Media Production Vee Pee chambers
Auction Type:SARFAESI Auction
Guarantor Names:M.R.Alias I.M., Mathai Thariath
Why This Property
The property is a land parcel in Aluva, Ernakulam, offered at a reasonable reserve price. While the location has potential, further due diligence is needed to assess local market conditions and comparable land values before considering this investment. The auction terms are standard, but prospective buyers should conduct a thorough inspection.
Contact Details
Branch:Branch Office : REGIONAL OFFICE: ERNAKULAM
Service Provider:BAANKNET
Contact Details:
Contact no:8281991402
