Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:612539
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE: ERNAKULAM
Reserve Price:₹18,04,000
EMD:₹1,80,400
Bid Increment:₹25,000
Service Provider:BAANKNET
Important Dates
Submission Date:27-11-2025 05:00 PM
Bid Start Date:2024-04-24
Property Description
This is a prime residential plot located in the Kunnathunad Taluk of Ernakulam, Kerala. The property is being auctioned by Canara Bank under the SARFAESI Act. It presents a valuable opportunity for investment or development in a sought-after location. The plot offers a blank canvas for building your dream home or for future real estate ventures. Its accessibility and proximity to key amenities make it an attractive proposition.
State:Kerala
City:Ernakulam
Area:Kunnathunad Taluk
Asset Category:Residential
Full Address:Re Sy No 340/10/3, 340/9/2 & 340/9/1, Re Sy Block No. 08 of Chelamattam Village, Chelamattam Village, Ernakulam
Size:0.97 Ares
Auction Description
Canara Bank is conducting an e-auction for a residential plot in Kunnathunad Taluk, Ernakulam, Kerala. The auction will be held on November 29, 2025, from 11:00 AM to 02:00 PM. The reserve price is set at INR 1,804,000, with an Earnest Money Deposit (EMD) of INR 180,400 required to participate. This SARFAESI auction offers a transparent and competitive bidding process. Interested parties are encouraged to review all auction terms and conditions prior to bidding.
Borrower Name:M/s Big Sign and Big Events
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The plot's location in Ernakulam offers potential for appreciation, but the auction terms and local market conditions should be carefully evaluated. The reserve price seems reasonable, making it a calculated opportunity for interested buyers.
Contact Details
Branch:Branch Office : REGIONAL OFFICE: ERNAKULAM
Service Provider:BAANKNET
Contact Details:
Contact no: —
