Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611827
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE: ERNAKULAM
Reserve Price:₹2,79,00,000
EMD:₹27,90,000
Bid Increment:₹10,00,000
Auction Time:11:00 AM TO 02:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-03
Bid Start Date:2025-12-05
Property Description
Prime land parcel located in Paravur Taluk, Ernakulam, Kerala. This residential land offers a significant opportunity for development or investment in a sought-after region. The property is being auctioned by Canara Bank following SARFAESI procedures.
State:Kerala
City:Ernakulam
Area:Paravur Taluk
Asset Category:Residential
Full Address:Sy. No. 313/2-9, Karumallur Village, Paravur Taluk, Ernakulam District, Karumallur, Ernakulam
Size:36.02 Ares
Auction Description
Canara Bank presents a SARFAESI auction for a land property in Paravur Taluk, Ernakulam, Kerala. The auction will take place on December 5, 2025, between 11:00 AM and 02:00 PM. The reserve price is ₹2,79,00,000, with an EMD of ₹27,90,000 required to participate. This is a direct opportunity to acquire valuable real estate.
Borrower Name:Mr. Ananthanarayanan Rangaswami
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Chithrabhanu Namboothirippadu
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a significant land parcel in a developing area, offering potential for future appreciation. The reserve price seems reasonable, but potential buyers should conduct thorough due diligence regarding local regulations and development possibilities. A 'Calculated Opportunity' rating reflects the need for careful assessment before investing.
Contact Details
Branch:Branch Office : REGIONAL OFFICE: ERNAKULAM
Service Provider:BAANKNET
Contact Details:
Contact no:8281990082
