Land for Auction Poonithura Ernakulam 1.2 Crore by Canara Bank 406210
Poonithura, Ernakulam
Area: 2.42 Ares
Sy No.70/1-14, Poonithura Village, Kanayannur Taluk, Ernakulam
Canara Bank · ARM Branch - Ernakulam
Reserve price
₹1,20,00,000
EMD ₹12,00,000
Auction date
18 Sep 2026, 10:30 AM
Auction notice
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Bid form
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Quick read
- ▸Possession: Symbolic
- ▸Area: 2.42 Ares
- ▸Locality: Poonithura
- ▸Reserve: ₹1,20,00,000
- ▸EMD: ₹12,00,000
Auction snapshot
| Possession | Symbolic |
| Property type | Land · Residential |
| Locality | Poonithura |
| Built-up / plot area | 2.42 Ares |
| Lender | Canara Bank |
| Branch | ARM Branch - Ernakulam |
| Unit / flat no. | Sy No.70/1-14 |
| Floor | Ground and First Floor (Double storeyed) |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Land bank auction in Poonithura, Ernakulam by Canara Bank — reserve price ₹1,20,00,000, 2.42 Ares, Symbolic possession.
Participate in the bank auction property listing for a prime residential asset in Poonithura, Ernakulam. This property, spanning 2.42 Ares of land, includes a double-storeyed residential building, making it an excellent opportunity for home seekers or investors. Located in the bustling Kanayannur Taluk, this land parcel offers significant potential. The e-auction, conducted by Canara Bank, provides a transparent way to acquire this immovable asset. With a reserve price of ₹1,20,00,000, interested parties must submit the EMD by 18-09-2026. This residential property for sale in Ernakulam is a rare find in a well-connected locality. Ensure you review the sale notice details for this bank-held asset and prepare for the upcoming e-auction to secure your investment in Kerala real estate.
GeoSquare note: The property is located in the well-developed Poonithura area of Ernakulam, making it a high-potential residential asset. Given it includes a built-up double-storey structure on 2.42 Ares of land, the reserve price of ₹1.2 Crore is competitive for the region. While the possession status is symbolic, the clear documentation and prime location justify a strong buy recommendation for serious investors.
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