Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610607
Bank Name:Canara Bank
Branch Name:ARM Branch - Ernakulam
Reserve Price:₹26,60,000
EMD:₹2,66,000
Bid Increment:₹25,000
Auction Time:11:00 AM to 02:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-18
Bid Start Date:2025-11-20
Property Description
This is a prime plot of land located in the thriving Muvattupuzha area of Ernakulam, Kerala. Ideal for residential development, this asset offers a great opportunity to own a piece of this rapidly growing region. The property is being auctioned by Canara Bank under the SARFAESI Act, presenting a unique chance for astute investors or individuals looking to build their dream home.
State:Kerala
City:Ernakulam
Area:Muvattupuzha
Asset Category:Residential
Full Address:Sy. No. 315/17A1-2, Muvattupuzha Village, Muvattupuzha Taluk, Ernakulam District, Kerala, Muvattupuzha, Ernakulam
Size:3.96 Ares
Auction Description
Canara Bank presents a SARFAESI auction for a valuable plot of land in Muvattupuzha, Ernakulam, Kerala. The auction is scheduled for November 20, 2025, from 11:00 AM to 2:00 PM. The reserve price is set at ₹26,60,000, with an EMD of ₹2,66,000. This is an excellent opportunity to acquire a residential land parcel at a competitive price. Don't miss out on this chance to invest in Kerala's real estate market.
Borrower Name:Mr.Aswathy Anill
Auction Type:SARFAESI Auction
Guarantor Names:Aswathy Anill, Anil Peter
Legal Details
Possession Status:Constructive
Encumbrance Details:Not Known to Bank
Why This Property
This land in Muvattupuzha presents a calculated opportunity due to its potential for development. The reserve price appears reasonable, but further due diligence is recommended regarding market value and construction costs. The auction terms are standard, making it accessible for interested investors.
Contact Details
Branch:Branch Office : ARM Branch - Ernakulam
Service Provider:BAANKNET
Contact Details:
Authorised Officer
Contact no:8281990082
