Land for auction Valakom Village Muvattupuzha 9 lakh Canara Bank

This auction features a prime plot of land located in Muvattupuzha, Ernakulam, Kerala. Ideal for residential development, this property is being offered by Canara Bank as part of a SARFAESI auction. Situated in a developing area, it presents a great opportunity for investors and individuals looking to build their dream home or develop a property in a sought-after region. The land is easily accessible and surrounded by developing infrastructure.

Canara Bank is conducting a SARFAESI auction for a valuable piece of land in Muvattupuzha, Ernakulam. The auction will take place on December 5, 2025, starting at 11:00 AM and concluding at 02:00 PM. The reserve price for this residential land is INR 8,70,000, with an Earnest Money Deposit (EMD) of INR 87,000 required to participate. This is a significant opportunity to acquire property directly from the bank.

The land in Muvattupuzha offers a decent opportunity due to its location and size, but the relatively low reserve price suggests potential drawbacks or specific market conditions to consider. It warrants investigation given the accessibility of the location and the bank's auction terms.