Land for Auction Parakkadavu Ernakulam 48 Lakh by Federal Bank
Parakkadavu, Ernakulam
Area: 1.61 Ares
Parakkadavu Village, Aluva Taluk, Ernakulam District, Kerala
Federal Bank · LCRD / ERNAKULAM DIVISION
Reserve price
₹48,00,000
EMD ₹4,80,000
Auction date
19 Sep 2026, 03:00 PM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 1.61 Ares
- ▸Locality: Parakkadavu
- ▸Reserve: ₹48,00,000
- ▸EMD: ₹4,80,000
Auction snapshot
| Possession | Physical |
| Property type | Land · Residential |
| Locality | Parakkadavu |
| Built-up / plot area | 1.61 Ares |
| Lender | Federal Bank |
| Branch | LCRD / ERNAKULAM DIVISION |
| Auction type | SARFAESI Auction |
| Service provider | Auctionbazaar |
About this property
Land bank auction in Parakkadavu, Ernakulam by Federal Bank — reserve price ₹48,00,000, 1.61 Ares, Physical possession.
Explore this prime bank auction property located in Parakkadavu, Aluva, Ernakulam. This commercial land, spanning 1.61 Ares (3.98 cents), includes a commercial building and is situated in a strategic location near PWD Road. Ideal for investors looking for a commercial asset, this bank auction property offers a great opportunity for capital appreciation. The total area comprises multiple survey numbers including 8/1 and 8 in Block 6. With a reserve price of ₹48,00,000, this auction is conducted by Federal Bank. Secure your investment in Kerala's booming real estate market. Please review the auction details and participate via the official bidding process on the designated platform.
GeoSquare note: This property offers a strong investment opportunity due to its inclusion of a commercial building on 3.98 cents of land in the well-connected Aluva region. Given the competitive reserve price and physical possession status, it represents a stable acquisition for commercial development or rental income.
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