Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612632
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE: ERNAKULAM
Reserve Price:₹27,40,000
EMD:₹2,74,000
Bid Increment:₹25,000
Auction Time:11:00 AM to 02:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:27-11-2025 05:00 PM
Bid Start Date:2019-11-29
Property Description
A parcel of land located in the Paravur Taluk of Ernakulam, Kerala. This residential plot is being auctioned by Canara Bank. Mrs. Sreekala PB is the borrower. The property offers a promising opportunity for development in a well-connected region of Kerala.
State:Kerala
City:Ernakulam
Area:Paravur Taluk
Asset Category:Residential
Full Address:Moothakunnam Village, Paravur Taluk, Ernakulam District, Moothakunnam, Ernakulam
Size:12.21 Ares
Auction Description
Canara Bank presents a SARFAESI auction for a land parcel in Paravur Taluk, Ernakulam, Kerala. The auction will take place on November 29, 2025, from 11:00 AM to 02:00 PM. The reserve price is ₹27,40,000, with an Earnest Money Deposit (EMD) of ₹2,74,000 required to participate. This is a direct opportunity to acquire the asset.
Borrower Name:Mrs. Sreekala PB
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Sreekumar S
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land parcel in Ernakulam, Kerala, offered at a reserve price of ₹2740000.0. While land can be a solid investment, the lack of specific development plans or immediate income generation positions it as a 'Calculated Opportunity,' requiring careful consideration of local market conditions and future development potential.
Contact Details
Branch:Branch Office : REGIONAL OFFICE: ERNAKULAM
Service Provider:BAANKNET
Contact Details:
Contact no:8281990082
