Property for Auction in Tirurangadi, Malappuram, Kerala
Auction ID:561324
Bank Name:Canara Bank
Branch Name:SPECIALIZED ARM BRANCH, KOZHIKODE
Reserve Price:₹70,00,000
EMD:₹7,00,000
Service Provider:BAANKNET
Submission Date:02-09-2025 05:00 PM
Bid Start Date:03-09-2025 11:00 AM
This is a residential house situated in Tirurangadi, Malappuram, Kerala. The property is being auctioned by Canara Bank under the SARFAESI Act. It is an excellent opportunity for prospective buyers looking for a home in Malappuram. The property was associated with the borrower M/s Malabar Silks. The auction is scheduled for September 3, 2025, with bidding taking place between 11:00 AM and 12:00 PM. The property presents a solid investment in the Kerala real estate market.
State:Kerala
City:Malappuram
Area:Tirurangadi
Asset Category:Residential
Canara Bank is conducting a SARFAESI auction for a residential house located in Tirurangadi, Malappuram, Kerala. The property, formerly mortgaged by M/s Malabar Silks, is set for auction on September 3, 2025, from 11:00 AM to 12:00 PM. The reserve price for this attractive opportunity is ₹70,00,000, with an Earnest Money Deposit (EMD) of ₹7,00,000 required to participate. This auction offers a chance to acquire a property in a well-regarded area of Malappuram.
Borrower Name:M/s Malabar Silks
Auction Type:SARFAESI Auction
Authorised Officer ARM Branch Kozhikode Phone No : 9188406941