Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612597
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE: ERNAKULAM
Reserve Price:₹32,00,000
EMD:₹3,20,000
Bid Increment:₹50,000
Auction Time:11:00 AM to 02:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:27-11-2025 05:00 PM
Bid Start Date:2023-11-29
Property Description
This is a valuable plot of land located in Aluva, Ernakulam, Kerala. The property is categorized as residential and is being auctioned by Canara Bank under the SARFAESI Act. Ideal for development or investment purposes in a growing region.
State:Kerala
City:Ernakulam
Area:Aluva
Asset Category:Residential
Full Address:Thekkumbagom Village, Aluva Taluk, Ernakulam District, Thekkumbagom Village, Ernakulam
Size:4.45 Ares
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential land parcel in Aluva, Ernakulam. The auction has a reserve price of INR 32,00,000 and requires an EMD of INR 3,20,000. Bidding will take place on November 29, 2025, between 11:00 AM and 02:00 PM. This is a great opportunity to acquire property through a transparent bank auction process.
Borrower Name:M/s Nisani Traders
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The land's location in Ernakulam presents a reasonable investment potential. While the reserve price requires careful consideration, the location offers potential for future appreciation. Due diligence is recommended to assess market conditions and local development plans before bidding.
Contact Details
Branch:Branch Office : REGIONAL OFFICE: ERNAKULAM
Service Provider:BAANKNET
Contact Details:
Contact no: —
