Land for auction Manakkunnam Village Ernakulam 25 lakh IDBI Bank

IDBI Bank presents an opportunity to acquire a prime plot of land in the well-connected area of Tripunithura, Ernakulam, Kerala. This residential land, previously owned by Shri. Sasi, is being auctioned under the SARFAESI Act. It offers a great chance for development or investment in a sought-after location within the vibrant city of Ernakulam. The property is ideal for those looking to build their dream home or invest in Kerala's burgeoning real estate market.

This SARFAESI auction, conducted by IDBI Bank, offers a plot of land in Tripunithura, Ernakulam, Kerala. The auction will take place on 24-11-2025, commencing at 10:00 AM and concluding at 12:00 PM. The reserve price for this residential land is INR 24,89,400, with an Earnest Money Deposit (EMD) of INR 2,48,940 required to participate. Don't miss this chance to bid on a valuable asset from IDBI Bank.

The property is a land parcel in Ernakulam, a relatively desirable location. The reserve price appears reasonable, suggesting a potential opportunity. However, due diligence is crucial to assess the land's usability, market value, and any hidden liabilities before investing.