Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611830
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE: ERNAKULAM
Reserve Price:₹9,31,000
EMD:₹93,100
Service Provider:BAANKNET
Important Dates
Submission Date:27-11-2025 05:00 PM
Bid Start Date:29-11-2025 11:00 AM
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 represents an opportunity to acquire land in a developed area. The plot is suitable for residential development.
State:Kerala
City:Ernakulam
Area:Kochi Taluk
Asset Category:Residential
Full Address:Sy. No. 1121/2 of Rameswaram Village, Kochi Taluk, Rameswaram Village, Ernakulam
Size:0.56 Ares
Auction Description
Canara Bank is conducting an online SARFAESI auction for a residential plot in Kochi Taluk, Ernakulam. The auction will take place on November 29, 2025, from 11:00 AM to 02:00 PM. The reserve price is INR 931,000, with an Earnest Money Deposit (EMD) of INR 93,100. This is a public auction, and interested bidders should review all terms and conditions provided by Canara Bank.
Borrower Name:Mr. Prathapan KV
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a reasonable opportunity given its location in Ernakulam and its relatively low reserve price. However, the lack of specific auction details and potential encumbrances necessitate a calculated approach. Further investigation into the location and market value is recommended before bidding.
Contact Details
Branch:Branch Office : REGIONAL OFFICE: ERNAKULAM
Service Provider:BAANKNET
Contact Details:
Contact no:04852826282
