Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612637
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE: ERNAKULAM
Reserve Price:₹18,53,000
EMD:₹1,85,300
Bid Increment:₹25,000
Service Provider:BAANKNET
Important Dates
Submission Date:27-11-2025 05:00 PM
Bid Start Date:29-11-2025 11:00 AM
Property Description
A residential plot located in the well-connected Kochi Taluk, Ernakulam, Kerala. This SARFAESI auction property offers a prime opportunity to acquire land in a sought-after area. Ideal for residential development, this plot presents a promising investment in a growing region.
State:Kerala
City:Ernakulam
Area:Kochi Taluk
Asset Category:Residential
Full Address:Sy.No.698/1-6 of Palluruthy Village, Kochi Taluk, Palluruthy Village, Ernakulam
Size:61 square meters
Auction Description
Canara Bank presents a SARFAESI auction for a residential plot in Kochi Taluk, Ernakulam. The auction will commence on November 29, 2025, at 11:00 AM and conclude at 02:00 PM on the same day. The reserve price is set at ₹18,53,000, with an Earnest Money Deposit (EMD) of ₹1,85,300. This is a unique opportunity to bid on a valuable property.
Borrower Name:Vineesh KV
Auction Type:SARFAESI Auction
Guarantor Names:Vineesh P.V, P.K. Puthenpurayil, Usha P.K.
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The plot's location in Kochi, a growing urban center, provides a decent investment opportunity. While the reserve price seems reasonable, potential investors should conduct thorough due diligence regarding local market conditions and future development prospects. The 'Calculated Opportunity' reflects the need for careful assessment before bidding.
Contact Details
Branch:Branch Office : REGIONAL OFFICE: ERNAKULAM
Service Provider:BAANKNET
Contact Details:
Contact no:0484265179
