Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611829
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE: ERNAKULAM
Reserve Price:₹1,61,00,000
EMD:₹16,10,000
Bid Increment:₹1,00,000
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
This is a prime land parcel located in the sought-after Paravur Taluk of Ernakulam, Kerala. Ideal for residential development, this property offers excellent potential in a rapidly growing area. Its strategic location provides good connectivity and access to local amenities. Don't miss this opportunity to acquire valuable land in Ernakulam.
State:Kerala
City:Ernakulam
Area:Paravur Taluk
Asset Category:Residential
Full Address:Sy. No. 324/3-3 of Karumallur Village, Paravur Taluk, Ernakulam District, Karumallur Village, Ernakulam
Size:30.76 Ares
Auction Description
Canara Bank presents a SARFAESI auction for a significant land property in Paravur Taluk, Ernakulam. The reserve price is set at ₹1,61,00,000 with an EMD of ₹16,10,000. The auction will be conducted online on December 5, 2025, from 11:00 AM to 02:00 PM. This is a unique chance to bid on a residential asset offered by Canara Bank.
Borrower Name:Mr. Ananthanarayanan Rangaswami
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Chithrabhanu Namboothirippadu
Legal Details
Possession Status:Constructive
Encumbrance Details:Not Known to Bank
Why This Property
The land in Paravur, Ernakulam presents a calculated opportunity due to its location and size. The reserve price is relatively high, suggesting potential for future appreciation. Interested buyers should conduct thorough due diligence before participating in the auction.
Contact Details
Branch:Branch Office : REGIONAL OFFICE: ERNAKULAM
Service Provider:BAANKNET
Contact Details:
Authorised Officer
Contact no:8281990082
