Property for Auction in Emad Taluk, Malappuram, Kerala
Auction ID:571924
Bank Name:Canara Bank
Branch Name:ARM BRANCH, KOZHIKODE
Reserve Price:₹56,03,000
EMD:₹5,60,300
Service Provider:BAANKNET
Submission Date:26-09-2025 04:00 PM
Bid Start Date:29-09-2025 11:30 AM
This offering presents a valuable opportunity to acquire a Land and Building asset in the Emad Taluk area of Malappuram, Kerala. The property, categorized as residential, is being auctioned by Canara Bank. Its prime location in Malappuram makes it an attractive prospect for development or personal use. The sale falls under the SARFAESI Act, indicating a secured bank auction. This is a direct opportunity to invest in a property within Kerala's growing real estate market.
State:Kerala
City:Malappuram
Area:Emad Taluk
Asset Category:Residential
Canara Bank is conducting a SARFAESI auction for a Land and Building property located in Emad Taluk, Malappuram, Kerala. The auction is scheduled for September 29, 2025, with bidding open from 11:30 AM to 12:30 PM. The reserve price for this residential asset is ₹56,03,000, and the Earnest Money Deposit (EMD) required is ₹5,60,300. This auction represents a chance to acquire property directly from the bank, previously associated with NRI Corner Mobiles & Foreign Goods.
Borrower Name:NRI Corner Mobiles & Foreign Goods
Auction Type:SARFAESI Auction
Phone No : 9188406941