Land for auction Ollukkara Thrissur 47 lakh Canara Bank

Property for Auction in Ollukkara, Thrissur, Kerala

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
4.45 Ares
Reserve Price
47,00,000
Reserve Price
47,00,000
EMD Required
4,70,000
Property Specifications
Size4.45 Ares
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land
Location IconLocation:
Ollukkara, Thrissur
Auction Date IconAuction Date:
06-12-2025 10:30 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:613078

Bank Name:Canara Bank

Branch Name:ARM Branch - Ernakulam

Reserve Price:47,00,000

EMD:4,70,000

Bid Increment:1

Auction Time:10:30 A.M. to 11:30 A.M.

Service Provider:BAANKNET

Important Dates

Submission Date:2025-12-05

Bid Start Date:2025-12-06

Property Description

This offering is for a vacant plot of land located in Ollukkara, Thrissur, Kerala. Situated in a well-established area, this parcel presents a valuable opportunity for development. The land is identified as a residential asset and is part of a bank auction conducted by Canara Bank under SARFAESI Act provisions. Its strategic location in Thrissur, a city known for its cultural and commercial significance, makes it an attractive proposition for discerning buyers seeking to invest in real estate in this vibrant region of Kerala. The property is being auctioned with clear title and is ready for its next phase of development or utilization.

State:Kerala

City:Thrissur

Area:Ollukkara

Asset Category:Residential

Full Address:Sy. No. 868/1-7 & 868/1-6, Ollukkara Village, Ollukkara, Thrissur

Size:4.45 Ares

Auction Description

Canara Bank is conducting a SARFAESI auction for a valuable plot of land in Ollukkara, Thrissur, Kerala. The auction is scheduled for December 6, 2025, commencing at 10:30 AM and concluding at 11:30 AM. The reserve price for this residential land parcel is set at INR 47,00,000, with an Earnest Money Deposit (EMD) of INR 4,70,000 required to participate. This auction presents a prime opportunity to acquire a significant land asset in a developing area of Thrissur. Interested parties are encouraged to review all auction terms and conditions provided by Canara Bank. This is a chance to own a piece of Kerala's real estate market through a transparent and regulated process.

Borrower Name:M/s Chemik Chemicals

Auction Type:SARFAESI Auction

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

The land in Ollukkara presents a calculated opportunity due to its location and the bank auction terms. While not a prime investment, the reserve price could offer potential value. Further due diligence is recommended.

Contact Details

Branch:Branch Office : ARM Branch - Ernakulam

Service Provider:BAANKNET

Contact Details:

Authorised Officer

Contact no:0484-2353072

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