Land for auction Aluva Ernakulam 20 lakh Canara Bank

This is a prime land parcel located in Aluva, Ernakulam, Kerala, offered for auction by Canara Bank. The property is categorized as residential land and is situated in a developing area, offering potential for future growth. Its location in Aluva provides good connectivity to essential amenities and transportation networks. The land is suitable for residential development. Being a SARFAESI auction, it presents a direct opportunity to acquire property from a banking institution.

Canara Bank is conducting a SARFAESI auction for a residential land property in Aluva, 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 for this land is set at INR 2,016,000, with an Earnest Money Deposit (EMD) of INR 201,600 required to participate. This is a secured asset auction, offering a transparent process for prospective buyers. Don't miss this opportunity to acquire land in a strategic location.

The land offers a moderate investment opportunity due to its location in Aluva and its reserve price. However, the final decision should consider local market conditions and potential for appreciation. The auction terms are standard.