Land for auction Palarivattom Desom Ernakulam 73 lakh Canara Bank

This offering presents a prime piece of land located in the Kanayannur Taluk of Ernakulam, Kerala. The property is designated for residential use and is being auctioned by Canara Bank under the SARFAESI Act. Situated in a well-developed area, this land offers potential for various residential development opportunities. Its strategic location provides convenient access to local amenities and transportation networks. Ideal for investors or individuals looking to build their dream home or develop a residential project.

Canara Bank is conducting a SARFAESI auction for a valuable parcel of land in Kanayannur Taluk, Ernakulam, Kerala. The auction will take place on November 25, 2025, with bidding open from 10:30 AM to 11:30 AM. The reserve price for this residential land is set at ₹73,00,000, with an Earnest Money Deposit (EMD) of ₹7,30,000 required to participate. This is a unique opportunity to acquire property in a sought-after location. Interested bidders are advised to review all auction terms and conditions prior to the bidding period.

The property is a land parcel in a reasonably well-connected area of Ernakulam. While the reserve price seems fair, a detailed assessment of the land's development potential is needed. Therefore, it's categorized as a 'Calculated Opportunity' requiring careful due diligence before bidding.