Land for auction - Ernakulam Villa, Kanayannur, Ernakulam by Indian Overseas Bank

The property consists of 21 Cents (8.50 ares) of land with a commercial building located at Thevara-Padma Jn., MG Road, Ravipuram, Ernakulam Village, Kanayannur Taluk, Ernakulam District, Kerala. The specific survey number is 1335/3 Part, and the door numbers are 39/4093, 39/4094, 39/4095 & 39/4096. The property is bounded by Y JaneSait's property to the north, private property in S.F.No.875 to the south, private properties in S.F.No.876 & 877 to the east, and MG Road to the west. The sale includes the land, building, and all fixtures and fittings within the commercial complex.

This is a SARFAESI auction for land and a commercial building owned by Mr. Kader Pillai, with M/s. Surabhi Steels Private Limited as the borrower. The property is located in Ernakulam Village, Kanayannur Taluk, Ernakulam District, Kerala, on MG Road, Ravipuram. The land measures 21 Cents (8.50 ares) in Survey No. 1335/3 Part, with Door Nos. 39/4093, 39/4094, 39/4095 & 39/4096. The property boundaries are defined as North: Property owned by Y JaneSait in S.No. 1335/3 Part, South: Private Property in S.F.No.875, East: Private Properties in S.F.No.876 & 877, West: MG Road. The sale also includes all articles fitted in the commercial complex, such as a projector, UPS, stabilizer, sound box, fans, chairs, etc. The auction is conducted by Indian Overseas Bank through the service provider BAANKNET. The reserve price is 100917000.00 and the EMD is 10091700.00. The auction starts on 11-03-2025 at 10:30 AM and ends on 11-03-2025 at 12:30 PM.