Land for Auction Chendamangalam Ernakulam 62 Lakh by Canara Bank
Chendamangalam, Ernakulam
Area: 14.16 Ares
Sy. No. 54, 55 and 902, Chendamangalam Village, Paravur Taluk, Ernakulam District, Kerala
Canara Bank · ASSET RECOVERY MANAGEMENT BRANCH-I
Reserve price
₹62,00,000
EMD ₹6,20,000
Auction date
28 Jul 2026, 10:00 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 14.16 Ares
- ▸Locality: Chendamangalam
- ▸Reserve: ₹62,00,000
- ▸EMD: ₹6,20,000
Auction snapshot
| Possession | Physical |
| Property type | Land · Residential |
| Locality | Chendamangalam |
| Built-up / plot area | 14.16 Ares |
| Lender | Canara Bank |
| Branch | ASSET RECOVERY MANAGEMENT BRANCH-I |
| Unit / flat no. | Building No. 1/527 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | BAANKNET |
About this property
Land bank auction in Chendamangalam, Ernakulam by Canara Bank — reserve price ₹62,00,000, 14.16 Ares, Physical possession.
Explore this prime bank auction property located in Chendamangalam Village, Paravur Taluk, Ernakulam. This listing features a land parcel with a building (bearing no. 1/527) spanning a total extent of 14.16 Ares. Strategically located near riverfront areas with clear access, this site is ideal for investment. The property is being auctioned by Canara Bank under the SARFAESI Act, offering a transparent bidding process. With a reserve price of ₹62 Lakhs, this land in Kerala presents a significant opportunity for buyers looking for commercial or private land assets. Interested parties should complete the EMD submission by 27th July 2026 to participate in the upcoming e-auction. Don't miss out on this high-potential real estate asset in the Ernakulam district.
GeoSquare note: This property offers a substantial land area in a scenic location in Ernakulam with the added security of physical possession by the bank. Given the reasonable reserve price for over 14 Ares of land, it represents a strong investment opportunity for development or long-term holding. The clear legal status under SARFAESI and the prime location make it an attractive option for serious investors.
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