Property for Auction in Ayarkunnam, Kottayam, Kerala
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
Submission Date:27-11-2025 05:00 PM
Bid Start Date:2025-11-09
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
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
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
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.
Branch:Branch Office : REGIONAL OFFICE: ERNAKULAM
Service Provider:BAANKNET
Contact Details:
Contact no:04852275161