Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612586
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE: ERNAKULAM
Reserve Price:₹29,00,000
EMD:₹2,90,000
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
Prime land parcel situated in Aluva, Ernakulam, Kerala. This residential land offers a fantastic opportunity for development or investment in a sought-after location. The property is being auctioned by Canara Bank under SARFAESI regulations.
State:Kerala
City:Ernakulam
Area:Aluva
Asset Category:Residential
Full Address:Re.Sy. No.230/10-6-2-2 (Old Sy No:336/9) in block :31. Chowara Village, Aluva Taluk, Ernakulam District, Aluva, Ernakulam
Size:2.86 Ares
Auction Description
Canara Bank is conducting a SARFAESI auction for a valuable land property in Aluva, Ernakulam, Kerala. The auction will take place on November 29, 2025, from 11:00 AM to 02:00 PM. The reserve price is set at INR 29,00,000, with an Earnest Money Deposit (EMD) of INR 2,90,000 required to participate. This is a unique chance to acquire land in a prime Kerala location.
Borrower Name:M/s Mehabin Pardhas
Auction Type:SARFAESI Auction
Guarantor Names:Muhammed Shijeer S/o Basheer, Naseeha Ayyoobkhan, Muhammed Shijeer Kakkannat
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The land in Aluva presents a calculated opportunity, with a reasonable reserve price relative to its location. Given the symbolic possession and potential encumbrances, due diligence is crucial before bidding. Its location in Ernakulam district adds to its appeal for local investors.
Contact Details
Branch:Branch Office : REGIONAL OFFICE: ERNAKULAM
Service Provider:BAANKNET
Contact Details:
Contact no:04842352402
