Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611426
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹26,00,000
EMD:₹2,60,000
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 bank auction of a residential land parcel located in the scenic Varkala area of Trivandrum, Kerala. The property is being auctioned by Canara Bank under SARFAESI regulations. It presents an excellent opportunity for individuals or developers looking to acquire land in a sought-after location. The reserve price for this land auction is ₹26,00,000, with an Earnest Money Deposit (EMD) of ₹2,60,000.
State:Kerala
City:Trivandrum
Area:varkala
Asset Category:Residential
Full Address:Re Sy no 320/6 of Madavoor Village, Varkala Taluk, Trivandrum District covered by Document No 424/2015, Madavoor Village, Trivandrum
Size:16.15 Ares
Auction Description
Canara Bank is conducting a SARFAESI auction for a valuable land property in Varkala, Trivandrum, Kerala. The auction is scheduled to take place on November 25, 2025, commencing at 10:30 AM and concluding at 11:30 AM. This is a single-day online auction event. The minimum bidding price (reserve price) is set at ₹26,00,000, and interested parties must submit an EMD of ₹2,60,000 to participate. The property belongs to M/s Zara Exports.
Borrower Name:M/s Zara Exports
Auction Type:SARFAESI Auction
Why This Property
The land in Varkala offers potential given its size and location. However, limited auction details and missing information create a degree of uncertainty. Priced reasonably, it could be a good investment with careful due diligence.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
