Land for auction Ayarkunnam Kottayam 1 Cr Canara Bank

Property for Auction in Ayarkunnam, Kottayam, Kerala

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
85.23 Ares
Reserve Price
1,12,50,000
Reserve Price
1,12,50,000
EMD Required
11,25,000
Property Specifications
Size85.23 Ares
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land
Location IconLocation:
Ayarkunnam, Kottayam
Auction Date IconAuction Date:
29-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:612525

Bank Name:Canara Bank

Branch Name:REGIONAL OFFICE: ERNAKULAM

Reserve Price:1,12,50,000

EMD:11,25,000

Bid Increment:1,00,000

Auction Time:11:00 AM to 12:00 PM

Service Provider:BAANKNET

Important Dates

Submission Date:27-11-2025 05:00 PM

Bid Start Date:2025-11-09

Property Description

This auction features a parcel of land located in the serene Ayarkunnam region of Kottayam, Kerala. The property, categorized as residential, offers a prime opportunity for development or personal use. Situated in a well-connected area, it provides a peaceful environment while remaining accessible to local amenities. This is a significant offering from Canara Bank for discerning buyers seeking to invest in Kerala's real estate market. The land presents a blank canvas for potential construction, making it an attractive prospect for both individual buyers and developers.

State:Kerala

City:Kottayam

Area:Ayarkunnam

Asset Category:Residential

Full Address:Re. Sy.No.296/3, Re, Sy. Block No.32, Ayarkunnam Village, Kottayam Taluk, Kottayam District, Ayarkunnam, Kottayam

Size:85.23 Ares

Auction Description

Canara Bank presents a SARFAESI auction for a valuable land property in Ayarkunnam, Kottayam, Kerala. The auction is scheduled for November 29, 2025, with bidding open from 11:00 AM to 02:00 PM. The reserve price for this desirable plot is ₹1,12,50,000, with an Earnest Money Deposit (EMD) of ₹11,25,000 required to participate. This auction presents a transparent and competitive platform for acquiring a promising piece of real estate in a sought-after location. Don't miss this opportunity to bid on this land asset, formerly associated with M/s Aiswarya Fashion Jewellery.

Borrower Name:M/s Aiswarya Fashion Jewellery

Auction Type:SARFAESI Auction

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

The land in Ayarkunnam presents a calculated opportunity due to its agricultural potential and location. While not a prime investment, the reserve price and auction terms make it worth considering for those familiar with the local market.

Contact Details

Branch:Branch Office : REGIONAL OFFICE: ERNAKULAM

Service Provider:BAANKNET

Contact Details:

Contact no:04852275161

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