Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610294
Bank Name:UCO Bank
Branch Name:Regional office
Reserve Price:₹38,48,000
EMD:₹3,84,000
Bid Increment:₹10,000
Auction Time:11:00 AM to 05:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-13
Bid Start Date:2025-11-14
Property Description
Prime land parcel located in Kanayannur Taluk, Ernakulam, Kerala. This residential land offers a significant opportunity for development or investment in a rapidly growing area. Its strategic location within Ernakulam ensures excellent connectivity and accessibility.
State:Kerala
City:Ernakulam
Area:Kanayannur Taluk
Asset Category:Residential
Full Address:Cheranelloor village, Kanayanur taluk, Ernakulam District, Cheranelloor, Ernakulam
Size:2.84 Ares
Auction Description
UCO Bank presents a SARFAESI auction for a valuable land property in Kanayannur Taluk, Ernakulam, Kerala. The reserve price is INR 38,48,000, with an Earnest Money Deposit (EMD) of INR 3,84,000. The auction will be conducted online on November 14, 2025, starting at 11:00 AM and concluding at 02:00 PM. This is a direct opportunity to acquire a key asset from UCO Bank.
Borrower Name:Mr.John Battus K.X
Auction Type:SARFAESI Auction
Guarantor Names:S/o-Xavier KA
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a vacant land in Ernakulam, Kerala, offered at a reserve price of ₹3848000.0. While the location is promising, the auction terms and possession status suggest a calculated approach. Further due diligence regarding local market rates and future development potential is advised.
Contact Details
Branch:Branch Office : Regional office
Service Provider:BAANKNET
Contact Details:
Assistant General Manager
Contact no:04842750338
