Shop for auction Ernakulam Villa Kanayannur Ernakulam by Indian Overseas Bank

The property consists of land and a commercial building measuring 21 Cents (8.50 ares) in Survey No.1335/3 Part, with Door Nos. 39/4093, 39/4094, 39/4095 & 39/4096. It is located at Thevara-Padma Jn., MG Road, Ravipuram, Ernakulam Village, Kanayannur Taluk, Ernakulam District, Kerala. The property boundaries are: North: Property owned by Y.Jane Sait in S.No. 1335/3 Part, South: Private Property in S.F.No.875, East: Private Properties in S.F.No.876 & 877, West: MG Road. The sale includes all articles fitted within the commercial complex, such as a projector, UPS, stabilizer, sound box, fans, chairs, etc.

This auction is for a commercial property located in Ernakulam, Kerala, under the Kanayannur Taluk. The property, owned by M/s. Surabhi Steels Private Limited, is a commercial building measuring 21 Cents (8.50 ares) situated at Thevara-Padma Jn., MG Road, Ravipuram. The auction is being conducted by Indian Overseas Bank's Asset Recovery Management Branch through BAANKNET. The property includes the land and the commercial building, along with various fitted articles such as a projector, UPS, stabilizer, sound box, fans, and chairs. The auction is a SARFAESI Auction with a reserve price of 88,471,000.00 and an EMD of 8,847,100.00. The auction will take place on July 22, 2025, from 10:30 AM to 12:30 PM. Applications for the auction must be submitted by July 21, 2025, 05:00 PM. For inquiries, contact the Branch Manager at 0422-2497178.