Property for Auction in Anjarakandi, Kannur, Kerala
Auction ID:596313
Bank Name:Canara Bank
Branch Name:SPECIALIZED ARM BRANCH, KOZHIKODE
Reserve Price:₹29,00,000
EMD:₹2,90,000
Service Provider:BAANKNET
Submission Date:30-10-2025 05:00 PM
Bid Start Date:31-10-2025 11:30 AM
This bank auction presents a prime opportunity to acquire land and a building in the Anjarakandi area of Kannur, Kerala. The property, formerly associated with M/s Peekey Enterprises, falls under the residential asset category. It is a SARFAESI auction conducted by Canara Bank, offering a unique chance to invest in a developing region. The land and building are ready for inspection and potential development or use.
State:Kerala
City:Kannur
Area:Anjarakandi
Asset Category:Residential
Canara Bank is holding a SARFAESI auction for a Land and Building property in Anjarakandi, Kannur, Kerala. The auction is scheduled to commence on October 31, 2025, at 11:30 AM and conclude at 12:30 PM on the same day. The reserve price for this residential asset is set at INR 29,00,000, with an Earnest Money Deposit (EMD) of INR 2,90,000 required to participate. This is a direct sale facilitated by the bank to recover dues.
Borrower Name:M/s Peekey Enterprises
Auction Type:SARFAESI Auction
Authorised Officer 9188406941