Land and Building for Auction Aralam Amsom and Desom Kannur 24.6 Lakh by Punjab National Bank 29 Jun 2026
Aralam Amsom and Desom, Kannur
Area: 89 Cents
Pro Survey No.18, Aralam Amsom and Desom, Iritty Taluk
Punjab National Bank · Stressed Asset Management Department
Reserve price
₹24,65,000
EMD ₹2,46,500
Auction date
29 Jun 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 89 Cents
- ▸Locality: Aralam Amsom and Desom
- ▸Reserve: ₹24,65,000
- ▸EMD: ₹2,46,500
Auction snapshot
| Possession | Symbolic |
| Property type | Land And Building · Residential |
| Locality | Aralam Amsom and Desom |
| Built-up / plot area | 89 Cents |
| Lender | Punjab National Bank |
| Branch | Stressed Asset Management Department |
| Unit / flat no. | Pro Survey No.18 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Aralam Amsom and Desom, Kannur by Punjab National Bank — reserve price ₹24,65,000, 89 Cents, Symbolic possession.
Discover a valuable bank auction property: 89 Cents (0.3600 Hectares) of land with a residential building situated at Pro Survey No.18, Aralam Amsom and Desom, Iritty Taluk, Kannur District, Kerala. This attractive 'Land and Building' is offered by Punjab National Bank via e-auction. The reserve price is ₹24,65,000.0 with an EMD of ₹2,46,500.0. The property, owned by Sri.Biju Mathew, is in a promising residential locality, making it a potential investment opportunity. The auction, scheduled for June 29, 2026, presents a chance to acquire a property in Kannur. Buyers should note the possession status is symbolic.
GeoSquare note: This residential property in Iritty, Kannur, offers a substantial land area of 89 cents along with a building, making it a desirable asset. The reserve price seems competitive for the location and size. However, the 'Symbolic' possession status introduces a degree of risk and potential legal complexities for the buyer, requiring thorough due diligence. Despite this, the property's type and location in Kerala suggest good long-term investment potential.
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