Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611439
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹94,00,000
EMD:₹9,40,000
Service Provider:BAANKNET
Important Dates
Submission Date:24-11-2025 05:00 PM
Bid Start Date:25-11-2025 10:30 AM
Property Description
This is a prime parcel of land located in Kanayannur Taluk, Ernakulam, Kerala. Suitable for residential development, this property offers a significant opportunity in a well-connected area. The land is being auctioned by Canara Bank under the SARFAESI Act. It represents a valuable investment for those looking to acquire real estate in the growing Ernakulam region.
State:Kerala
City:Ernakulam
Area:Kanayannur Taluk
Asset Category:Residential
Full Address:Re Sy No 465/17 and 0.20 Ares of land in Re Sy No 465/16, Kakkanad Village, Kakkanad, Ernakulam
Size:1.17 Ares
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential land property in Kanayannur Taluk, Ernakulam. The auction will take place on November 25, 2025, from 10:30 AM to 11:30 AM. The reserve price for this valuable plot of land is ₹94,00,000, with an Earnest Money Deposit (EMD) of ₹9,40,000 required to participate. This is a direct opportunity to acquire land through a bank auction, presenting a clear and transparent transaction process.
Borrower Name:M/s Seven Rights
Auction Type:SARFAESI Auction
Why This Property
The property is a land with a residential building in Kakkanad, a developing area of Ernakulam. The reserve price seems reasonable, but further investigation into the building's condition and local market rates is crucial. It presents a calculated opportunity with potential for appreciation.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
