Land for auction Vembilly Village Ernakulam 33 lakh Canara Bank

This is a prime plot of land located in Kunnathunadu, Ernakulam, Kerala, offered through a SARFAESI auction by Canara Bank. Situated in a developing area, this residential land presents a significant opportunity for investors or individuals looking to build their dream home. Its strategic location in Ernakulam ensures good connectivity and potential for future appreciation. The property is being auctioned due to a loan default by the borrower, Krishnaraj D.

Canara Bank is conducting a SARFAESI auction for a valuable plot of land in Kunnathunadu, Ernakulam, Kerala. The auction will take place on November 17, 2025, starting at 11:00 AM and concluding at 02:00 PM on the same day. The reserve price for this land is INR 33,17,000, with an Earnest Money Deposit (EMD) of INR 3,31,700 required to participate. This is a direct opportunity to acquire a plot in a growing region of Kerala.

The property's location in Ernakulam district, Kerala, and the presence of a residential building on the land, offer potential. However, the auction terms and existing liabilities should be carefully evaluated before making a bid. This is a calculated opportunity best suited for investors with local market knowledge.