Commercial Building for auction Kunnamangalam Kozhikode 53 lakh Canara Bank

Prime commercial building located in Kunnamangalam, Kozhikode, Kerala. This property, formerly associated with M/s Bhayme Mills, offers excellent potential for business ventures in a developing area. Its strategic location in Kozhikode provides good connectivity and visibility. Suitable for various commercial uses, this asset represents a significant opportunity for investors and entrepreneurs.

Canara Bank is conducting a SARFAESI auction for a valuable commercial building in Kunnamangalam, Kozhikode. The auction will take place on 31-10-2025, with bidding open from 11:30 AM to 12:30 PM. The reserve price is set at ₹53,00,000, with an Earnest Money Deposit (EMD) of ₹5,30,000 required to participate. This is a unique opportunity to acquire a commercial property through a transparent bank auction process.