Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:614408
Bank Name:Canara Bank
Branch Name:ARM BRANCH : Secundrabad
Reserve Price:₹17,70,000
EMD:₹1,77,000
Bid Increment:₹25,000
Auction Time:11:30 A.M. to 12:30 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-26
Bid Start Date:2025-11-28
Property Description
This is a residential plot located in Chengannur, Alappuzha, Kerala. The property is being auctioned by Canara Bank as part of a SARFAESI auction. It is a great opportunity to acquire land in a well-connected area of Kerala.
State:Kerala
City:Alappuzha
Area:Chengannur
Asset Category:Residential
Full Address:Sy.No.203/12-1 (Old Sy.No.273/2/2) in Block No.15 in Venmoney Village, Chengannur Taluk, Alappuzha District, Kerala State, Venmoney Village, Chengannur
Size:4.46 ares
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential plot in Chengannur, Alappuzha, Kerala. The auction will take place on November 28, 2025, from 11:30 AM to 12:30 PM. The reserve price for this plot is INR 17,70,000, with an Earnest Money Deposit (EMD) of INR 1,77,000. The borrower associated with this asset is M/s GETECH EQUIPMENTS INTERNATIONAL PRIVATE LIMITED.
Borrower Name:M/s GETECH EQUIPMENTS INTERNATIONAL PRIVATE LIMITED
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a plot in a rural Kerala location, offered at a relatively modest reserve price. The location's investment potential is moderate, requiring careful assessment of local market conditions. The auction terms appear standard, warranting a 'Calculated Opportunity' rating.
Contact Details
Branch:Branch Office : ARM BRANCH : Secundrabad
Service Provider:BAANKNET
Contact Details:
Contact no:040-27725283
