Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:613430
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹6,90,000
EMD:₹69,000
Bid Increment:₹1
Auction Time:10:30 A.M. to 11:30 A.M.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
This is a prime land property located in Kochi Taluk, Ernakulam, Kerala. The land is categorized as residential and is being auctioned by Canara Bank under SARFAESI rules. This is a significant opportunity to acquire a valuable plot in a well-connected area of Ernakulam.
State:Kerala
City:Ernakulam
Area:Kochi Taluk
Asset Category:Residential
Full Address:Re. Sy. No 210/8, Chellanam Village, Kochi Taluk, Ernakulam District, Chellanam, Ernakulam
Size:0.81 Ares
Auction Description
Canara Bank is conducting an online SARFAESI auction for a residential land parcel in Kochi Taluk, Ernakulam, Kerala. The auction will take place on November 25, 2025, starting at 10:30 AM and concluding at 11:30 AM. The reserve price for this property is INR 6,90,000.0, with an Earnest Money Deposit (EMD) of INR 69,000.0 required to participate. The auction is part of a recovery process related to M/s. Sreya Oil Extractions.
Borrower Name:M/s. Sreya Oil Extractions
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The land in Chellanam, Kochi, presents a calculated opportunity due to its location and relatively low reserve price. However, the limited information and the symbolic possession status suggest further due diligence is necessary. The price is attractive but further investigation and local market understanding are advised.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no:0484-2353072
