Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613431
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹11,30,000
EMD:₹1,13,000
Bid Increment:₹1
Auction Time:10:30 AM to 11:30 AM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
This is a residential plot located in Kochi Taluk, Ernakulam, Kerala. The property is being auctioned by Canara Bank under the SARFAESI Act. It is an opportunity to acquire land in a developed area, suitable for residential development or investment.
State:Kerala
City:Ernakulam
Area:Kochi Taluk
Asset Category:Residential
Full Address:Re Sy No 285/7 in Chellanam Village, Chellanam, Ernakulam
Size:13.66 Ares
Auction Description
Canara Bank is conducting an e-auction for a residential plot in Kochi Taluk, Ernakulam, Kerala. The auction will be held on November 25, 2025, from 10:30 AM to 11:30 AM. The reserve price for this SARFAESI auction is INR 11,30,000, with an Earnest Money Deposit (EMD) of INR 1,13,000. This is a prime opportunity for interested buyers to participate in a secure bank auction.
Borrower Name:M/s. Sreya Oil Extractions
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a plot of land in a developing area. The reserve price seems reasonable. However, due diligence is required to assess future development potential and confirm clear title before bidding.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Authorised Officer
Contact no:0484-2353072
