Property for Auction in chalappuram, Malappuram, Kerala
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:610654
Bank Name:Indian Bank
Branch Name:ZONAL OFFICE, KOZHIKODE
Reserve Price:₹22,00,000
EMD:₹2,20,000
Auction Time:11:00 AM to 5:00 PM
Service Provider:BAANKNET
Submission Date:09-12-2025 05:00 PM
Bid Start Date:2025-12-10
This auction features a valuable land and building property located in Chalappuram, Malappuram, Kerala. Suitable for residential purposes, this asset is being offered by Indian Bank under the SARFAESI Act. The property presents a compelling opportunity for buyers seeking real estate in a developing area. Don't miss this chance to acquire a property with significant potential.
State:Kerala
City:Malappuram
Area:chalappuram
Asset Category:Residential
Full Address:Sy No 135/2, Re Sy No 123/7, Otavanna village, Chalappuram, Malappuram
Size:4.55 cents
Indian Bank is conducting a SARFAESI auction for a residential land and building in Chalappuram, Malappuram, Kerala. The auction will take place on December 10, 2025, starting at 11:00 AM and concluding at 05:00 PM. The reserve price is set at ₹22,00,000, with an Earnest Money Deposit (EMD) of ₹2,20,000 required to participate. This is a prime opportunity for interested parties to bid on this bank-auctioned property.
Borrower Name:Mrs Khadeeja P
Auction Type:SARFAESI Auction
Encumbrance Details:Nil
The property is a residential land and building in Chalappuram, offering a decent location and potential for development. The reserve price seems reasonable, but potential buyers should assess the local market conditions and the specific details of the property before making a bid. The auction terms appear standard, making it a calculated opportunity for those seeking land in the area.
Branch:Branch Office : ZONAL OFFICE, KOZHIKODE
Service Provider:BAANKNET
Contact Details:
Contact no:8291220220