Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612828
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹30,00,000
EMD:₹3,00,000
Bid Increment:₹1
Auction Time:10:30 AM to 11:30 AM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-25
Bid Start Date:2025-11-25
Property Description
A valuable plot of land located in the thriving Muvattupuzha region of Ernakulam, Kerala. This residential land offers a prime opportunity for development or investment in a growing area. Situated in a well-connected locality, it benefits from the infrastructure and amenities of the Ernakulam district. Ideal for those seeking to build their dream home or for real estate ventures.
State:Kerala
City:Ernakulam
Area:Muvattupuzha
Asset Category:Residential
Full Address:11/104-A, Palakuzha Gram Panchayat, Sy. No. 180/28-67, Palakuzha Village, Muvattupuzha Taluk, Palakuzha, Ernakulam
Building/Society:Palakuzha Gram Panchayat
Size:3.91 Ares
Auction Description
Canara Bank presents a SARFAESI auction for a residential land parcel in Muvattupuzha, Ernakulam. The auction will be conducted online on November 25, 2025, from 10:30 AM to 11:30 AM. The reserve price is set at ₹30,00,000, with an Earnest Money Deposit (EMD) of ₹3,00,000 required to participate. This is a fantastic chance to acquire a desirable piece of property directly from the bank.
Borrower Name:Mr. Ajith Varghese
Auction Type:SARFAESI Auction
Guarantor Names:Smt. Lilly P B
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property, a land parcel in Muvattupuzha, presents a calculated opportunity. Its location and size make it potentially attractive, but the auction terms and market dynamics should be carefully assessed before bidding. The reserve price is moderate, suggesting reasonable investment potential.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no:0484-2353072/2353071
