Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612660
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE: ERNAKULAM
Reserve Price:₹25,43,000
EMD:₹2,54,300
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 auction presents a prime plot of land located in Kanayannur Taluk, Ernakulam, Kerala. The property is categorized as residential and is being auctioned by Canara Bank under the SARFAESI Act. It represents an excellent opportunity for development or investment in a sought-after region of Kerala. The land offers significant potential for building a home or other residential structures.
State:Kerala
City:Ernakulam
Area:Kanayannur Taluk
Asset Category:Residential
Full Address:G4, VB Gardens Block II, Vazhakkala Village, Kanayannur Taluk, Ernakulam District, Kerala along with Residential Apartment No. G4 in 7th floor of apartment complex "VB Gardens Block II", Vazhakkala Village, Ernakulam
Building/Society:VB Gardens Block II
Size:40.36 Ares
Auction Description
Canara Bank is conducting a SARFAESI auction for a valuable piece of land in Kanayannur Taluk, Ernakulam, Kerala. The auction will take place on November 29, 2025, with bidding open from 11:00 AM to 02:00 PM. The reserve price for this residential land is ₹25,43,000, with an Earnest Money Deposit (EMD) of ₹2,54,300 required to participate. This is a direct opportunity to acquire land through a bank auction.
Borrower Name:Bijimol C T
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is located in Ernakulam, a potentially desirable location, but it involves a land share and apartment, adding complexity. The reserve price seems reasonable, warranting a closer look. This auction represents a calculated opportunity for investors willing to navigate the specifics of the land share and apartment structure.
Contact Details
Branch:Branch Office : REGIONAL OFFICE: ERNAKULAM
Service Provider:BAANKNET
Contact Details:
Authorized Officer
Contact no:8281990082
