Land for Auction Angamaly Ernakulam 13.2 Crore by Asset Reconstruction Company India Ltd Arcil 407644

Quick read

• ▸Possession: Physical
• ▸Area: 453.70 Cents
• ▸Locality: Angamaly
• ▸Reserve: ₹13,22,00,000
• ▸EMD: ₹1,32,20,000

About this property

Land bank auction in Angamaly, Ernakulam by Asset Reconstruction Company (India) Ltd. (Arcil) — reserve price ₹13,22,00,000, 453.70 Cents, Physical possession.

Participate in the bank auction of a prime land parcel measuring 453.70 Cents located in Angamaly, Aluva, Ernakulam. This vast land asset, owned by Mr. Davis Paulose Madassery, is situated along the National Highway, offering excellent connectivity and commercial potential. The property is being auctioned by Asset Reconstruction Company (India) Ltd. (Arcil) with a reserve price of ₹13.22 Crores. This is a significant opportunity for investors looking for large-scale land holdings in Kerala. Interested bidders must submit their EMD by October 6, 2026. The auction is scheduled for October 7, 2026. Ensure you conduct thorough due diligence regarding the outstanding revenue dues and property encumbrances before participating in this bank auction property sale.

GeoSquare note: This is a substantial land parcel with high strategic value due to its location on the National Highway. With physical possession already taken by the bank, the legal risk is reduced, making it a strong investment for developers or large-scale commercial entities, provided the additional outstanding revenue dues are factored into the total acquisition cost.