Property for Auction in Kanayannur Taluk, Ernakulam, Kerala
Auction ID:551237
Bank Name:Indian Overseas Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹8,02,94,000
EMD:₹80,29,400
Service Provider:BAANKNET
Submission Date:21-08-2025 05:00 PM
Bid Start Date:22-08-2025 10:30 AM
This offering is for a parcel of land located in Kanayannur Taluk, Ernakulam, within the state of Kerala. The property is categorized as residential and represents a significant land holding in the region. It is being auctioned by Indian Overseas Bank under the SARFAESI Act. Ernakulam is a major commercial and industrial hub, offering excellent connectivity and infrastructure.
State:Kerala
City:Ernakulam
Area:Kanayannur Taluk
Asset Category:Residential
Indian Overseas Bank invites bids for a SARFAESI auction of land in Kanayannur Taluk, Ernakulam, Kerala. The auction will take place on August 22, 2025, from 10:30 AM to 12:30 PM. The reserve price is ₹8,02,94,000, with an Earnest Money Deposit (EMD) of ₹80,29,400. This is a prime opportunity to acquire valuable land in a sought-after location, previously associated with M/s. Surabhi Steels Private Limited.
Borrower Name:M/s. Surabhi Steels Private Limited
Auction Type:SARFAESI Auction
Contact Number:0422-2497178