Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613115
Bank Name:Canara Bank
Branch Name:SPECIALIZED ARM BRANCH, KOZHIKODE
Reserve Price:₹63,00,000
EMD:₹6,30,000
Auction Time:11:00 A.M. to 12:00 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-28
Bid Start Date:2025-11-29
Property Description
Discover a promising residential house in the vibrant locality of Tirurangadi, Malappuram, Kerala. This property, brought to you by Canara Bank through a SARFAESI auction, offers a unique opportunity for ownership in a well-connected area. Ideal for individuals or families seeking a home in a developing region with essential amenities nearby.
State:Kerala
City:Malappuram
Area:Tirurangadi
Asset Category:Residential
Full Address:Sy No. 312/2-12, Nannambra Village, Tirurangadi Taluk, Nannambra Village, Malappuram
Size:21.55 Cents
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential house in Tirurangadi, Malappuram, Kerala. The auction will commence on November 29, 2025, at 11:00 AM and conclude at 12:00 PM on the same day. The reserve price is set at ₹63,00,000 with an Earnest Money Deposit (EMD) of ₹6,30,000. This is a chance to acquire property formerly associated with M/s Malabar Silks.
Borrower Name:M/s Malabar Silks
Auction Type:SARFAESI Auction
Guarantor Names:Sri Nazar Pulluni
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property presents a decent opportunity due to its residential nature and location in Malappuram. The reserve price seems reasonable, but potential investors should carefully assess the market value and conduct thorough due diligence. Auction terms are standard, making it a moderately attractive investment.
Contact Details
Branch:Branch Office : SPECIALIZED ARM BRANCH, KOZHIKODE
Service Provider:BAANKNET
Contact Details:
Contact no:9188406941
