Land for auction Muvattupuzha Ernakulam 19 lakh Canara Bank

This is a prime piece of land located in Muvattupuzha, Ernakulam, Kerala, offered by Canara Bank. Situated in a desirable area, this residential land presents a fantastic opportunity for development or personal use. The property is part of a SARFAESI auction, initiated due to the default of borrower Mr. Alex Joseph. With a reserve price of ₹18,54,400 and an EMD of ₹1,85,440, this land is an attractive investment prospect in the growing Ernakulam region.

Canara Bank is conducting a SARFAESI auction for a valuable land parcel in Muvattupuzha, Ernakulam. The auction will take place on November 29, 2025, commencing at 11:00 AM and concluding at 02:00 PM. The minimum bid for this residential land is set at ₹18,54,400, with an Earnest Money Deposit (EMD) of ₹1,85,440 required to participate. This is a significant opportunity to acquire property in Kerala through a transparent bank auction process.

The property offers a potential investment in a developing area. The location in Muvattupuzha provides a blend of accessibility and growth potential, but the symbolic possession status and limited information require a calculated approach to assess risks and opportunities.