Land for Auction Angamaly Ernakulam 11.2 Crore by Asset Reconstruction Company India Ltd Arcil

Quick read

• ▸Possession: Physical
• ▸Area: 52.824 cents
• ▸Locality: Angamaly
• ▸Reserve: ₹11,16,00,000
• ▸EMD: ₹1,11,60,000

About this property

Land bank auction in Angamaly, Ernakulam by Asset Reconstruction Company (India) Ltd. (Arcil) — reserve price ₹11,16,00,000, 52.824 cents, Physical possession.

Invest in this prime bank auction property located in Angamaly, Aluva, Ernakulam. This commercial land and building package spans approximately 52.824 cents, situated strategically near NH 47. The property includes established commercial structures (Building Nos. VII/246, 246A & 247). Being auctioned by Asset Reconstruction Company (India) Ltd. (Arcil), this commercial asset offers significant potential for business expansion or redevelopment. The auction is scheduled for 2026-10-07 with a reserve price of ₹11,16,00,000. Prospective buyers should note the physical possession status and existing encumbrances mentioned in the public notice. Don't miss this opportunity to acquire a high-value commercial property in a developing hub of Kerala. Conduct your own due diligence before participating in this e-auction.

GeoSquare note: The property holds high commercial value due to its location on the NH 47 highway and significant land area. While it benefits from being under physical possession, the potential buyer must account for the substantial encumbrances (approx. Rs. 2 Cr revenue dues) which will impact the net investment cost. It is a strong buy for investors capable of managing legal clearances.