Land for Auction Karumalloor Ernakulam 44.1 Crore by Kotak Mahindra Bank
Karumalloor, Ernakulam
Area: 10.33 acres
Karumalloor Village, Karumalloor, Ernakulam, Kerala, Pin-683520
Kotak Mahindra Bank · Registered Office: Mumbai
Reserve price
₹44,10,00,000
EMD ₹4,41,00,000
Auction date
24 Sep 2026, 01:00 PM
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Quick read
- ▸Possession: Physical
- ▸Area: 10.33 acres
- ▸Locality: Karumalloor
- ▸Reserve: ₹44,10,00,000
- ▸EMD: ₹4,41,00,000
Auction snapshot
| Possession | Physical |
| Property type | Land · Residential |
| Locality | Karumalloor |
| Built-up / plot area | 10.33 acres |
| Lender | Kotak Mahindra Bank |
| Branch | Registered Office: Mumbai |
| Unit / flat no. | Door Nos. 10/538-C, D, E, G, H, I, J, K, L, M, N, O, P, 10/537-F, F1-F6, 10/537-B, C, G |
| Auction type | SARFAESI Auction |
| Service provider | bankeauctions.com / C1 India |
About this property
Land bank auction in Karumalloor, Ernakulam by Kotak Mahindra Bank — reserve price ₹44,10,00,000, 10.33 acres, Physical possession.
Invest in a massive 10.33-acre land parcel located in Karumalloor, Ernakulam, Kerala, currently available via a Kotak Mahindra Bank auction. This premium bank auction property includes extensive land holdings across various survey numbers, along with multiple building structures (Door Nos. 10/538-C to 10/537-G). Ideal for large-scale development or industrial projects, this property offers significant potential in a strategic location. The auction features a reserve price of ₹44.10 Crore with an EMD of ₹4.41 Crore. Interested bidders must submit their applications by 23rd September 2024, with the e-auction scheduled for 24th September 2024. Don't miss this opportunity to acquire a substantial land asset in Kerala through this official bank-led property sale. Conduct site inspections on 17th September 2024 to verify the property details.
GeoSquare note: This is a large-scale land acquisition opportunity of 10.33 acres in a prime location of Ernakulam, which is rare for bank auctions. Given the physical possession status and the inclusion of multiple superstructures, it presents high value for developers or institutional investors. The scale of the property warrants a strong buy recommendation despite the high capital outlay.
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