Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612553
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE: ERNAKULAM
Reserve Price:₹93,10,000
EMD:₹9,31,000
Bid Increment:₹1,00,000
Service Provider:BAANKNET
Important Dates
Submission Date:27-11-2025 05:00 PM
Bid Start Date:29-11-2025 11:00 AM
Property Description
Prime land parcel located in Aluva, Ernakulam, Kerala. This residential land offers a significant investment opportunity in a developing area. The property is being auctioned by Canara Bank under SARFAESI norms. Ideal for developers or individuals looking to build their dream home or for future real estate ventures. The location provides excellent connectivity and accessibility within the Ernakulam district. Don't miss this chance to acquire valuable land in a sought-after region.
State:Kerala
City:Ernakulam
Area:Aluva
Asset Category:Residential
Full Address:Re. Sy. No. 316/5-2 (Old Sy.No. 505/1-2), Block No.31 of Chowara Village, Aluva Taluk, Ernakulam District, Chowara Village, Ernakulam
Size:5.40 Ares
Auction Description
Canara Bank presents a SARFAESI auction for a valuable land property in Aluva, Ernakulam, Kerala. The auction is scheduled for November 29, 2025, commencing at 11:00 AM and concluding at 02:00 PM on the same day. The reserve price for this asset is ₹93,10,000, with an Earnest Money Deposit (EMD) of ₹9,31,000 required to participate. This is a unique opportunity to bid on a residential land parcel directly from the bank. All interested bidders are advised to review the auction terms and conditions thoroughly before participating.
Borrower Name:M/s Gurudev Solid Bricks and Paving Tiles
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The land in Aluva offers a decent investment prospect given its size and location in Ernakulam. The reserve price aligns with market expectations; however, due diligence regarding encumbrances and local market dynamics is crucial before bidding.
Contact Details
Branch:Branch Office : REGIONAL OFFICE: ERNAKULAM
Service Provider:BAANKNET
Contact Details:
Contact no:04842683811
