Plot for auction P1 Pt 14 of Varandarapilly Villa, Chavalkkad, Thrissur by Canara

Discover a compelling opportunity in Varadarapilly Village, Chalakuddy Taluk, within the vibrant Thrissur District of Kerala. This offering comprises a substantial residential plot spanning 5.22 Ares, equivalent to approximately 12.89 Cents, an ideal size for constructing a dream home or a strategic investment. The property is uniquely composed of two distinct parcels: 4.62 Ares (11.41 Cents) in Survey No. 790/Pt 14 and an additional 0.60 Ares (1.48 Cents) in Survey No. 788/P1 19, both benefiting from the presence of an existing building under construction. Its prime location is further enhanced by excellent connectivity, bordering a Panchayath Road to the South, ensuring convenient access. Surrounded by established properties, this plot offers a blend of tranquility and accessibility, making it a highly attractive prospect for new property buyers seeking to establish roots or capitalize on Kerala's promising real estate market.

This exceptional plot in Thrissur is offered through a transparent and secure SARFAESI auction conducted by Canara Bank, a robust process designed to facilitate clear title transfers. Prospective buyers should note the Reserve Price set at INR 4,116,000.00, with a mandatory Earnest Money Deposit (EMD) of INR 411,600.00 required to participate; this EMD is refundable for unsuccessful bidders. The e-auction is scheduled to commence on February 20, 2025, at 11:00 AM and conclude at 12:00 PM on the same day. All application submissions, including EMD, must be completed by 05:00 PM on February 19, 2025. For any detailed queries regarding the auction process, property inspection, or terms and conditions, interested parties are strongly encouraged to contact the Canara Bank, Ambalur Branch directly at 8281991401, ensuring thorough due diligence before bidding. The auction is facilitated by the service provider BAANKNET.