Land for Auction Palakkuzha Ernakulam 61.3 Lakh by Canara Bank
Palakkuzha, Ernakulam
Area: 20.23 Ares
Sy No 423/4-15, Block No. 1, Palakkuzha Village, Muvattupuzha Taluk, Ernakulam District
Canara Bank · ARM Branch
Reserve price
₹61,30,000
EMD ₹6,13,000
Auction date
28 Jul 2026, 10:30 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 20.23 Ares
- ▸Locality: Palakkuzha
- ▸Reserve: ₹61,30,000
- ▸EMD: ₹6,13,000
Auction snapshot
| Possession | Symbolic |
| Property type | Land · Residential |
| Locality | Palakkuzha |
| Built-up / plot area | 20.23 Ares |
| Lender | Canara Bank |
| Branch | ARM Branch |
| Unit / flat no. | Sy No 423/4-15 |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Land bank auction in Palakkuzha, Ernakulam by Canara Bank — reserve price ₹61,30,000, 20.23 Ares, Symbolic possession.
Explore this prime bank auction property located in Palakkuzha, Muvattupuzha. This land parcel spans 20.23 Ares (Sy No 423/4-15) and includes an existing building with all improvements. Situated in a well-connected area of Ernakulam district, this property offers excellent potential for development. The auction is managed by Canara Bank under the SARFAESI Act. Interested buyers can participate in the e-auction scheduled for 28/07/2026. This is a significant opportunity to acquire a substantial land holding at a competitive reserve price of ₹61,30,000. Ensure your EMD submission by 27/07/2026. Ideal for investors seeking land in Kerala, this property is being sold on an 'as is where is' and 'as is what is' basis.
GeoSquare note: The property offers a significant land area in Muvattupuzha, which is a developing region in Ernakulam. However, as the possession status is 'Symbolic', prospective buyers should factor in potential legal or physical acquisition timelines. The reserve price is reasonable for the extent of the land, making it a viable long-term investment.
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