Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614409
Bank Name:Canara Bank
Branch Name:ARM BRANCH : Secundrabad
Reserve Price:₹35,40,000
EMD:₹3,54,000
Bid Increment:₹25,000
Auction Time:11:30 AM to 12:30 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-26
Bid Start Date:2025-11-28
Property Description
This auction features a prime residential plot located in Chengannur, Alappuzha, Kerala. The property is offered by Canara Bank through a SARFAESI auction. It presents an excellent opportunity for development or investment in a well-connected area. Don't miss out on acquiring this valuable asset.
State:Kerala
City:Alappuzha
Area:Chengannur
Asset Category:Residential
Full Address:Venmoney Village, Chengannur Taluk, Alappuzha District, Kerala State, Venmoney Village, Chengannur
Size:16.39 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 is set at ₹35,40,000, with an Earnest Money Deposit (EMD) of ₹3,54,000. This is a great chance to purchase property through a transparent auction process.
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 plot in Chengannur presents a decent investment opportunity due to its location and size. While not a prime investment, the reserve price and potential for development make it a worthwhile consideration for those with a calculated risk appetite. Further due diligence regarding local market conditions is advised.
Contact Details
Branch:Branch Office : ARM BRANCH : Secundrabad
Service Provider:BAANKNET
Contact Details:
Contact no:040-27725283
