Land And Building for auction Cheengeri Desom Wayanad 75 lakh Canara Bank

This bank auction features a valuable Land and Building asset in Bathery, Wayanad, Kerala, categorized as Residential. The property is brought to auction by Canara Bank under the SARFAESI Act. This is a prime opportunity to acquire real estate in the scenic district of Wayanad, known for its natural beauty and agricultural significance. The property's location in Bathery offers accessibility and potential for various uses, aligning with its residential classification. Potential bidders are encouraged to conduct thorough due diligence regarding the property's specific condition and legal standing prior to the auction date. The reserve price is set at ₹7,506,000.

Canara Bank is conducting a SARFAESI auction for a Land and Building property in Bathery, Wayanad, Kerala. The auction will take place on November 29, 2025, starting at 11:30 AM and concluding at 12:30 PM. The reserve price for this Residential asset is ₹7,506,000, with an Earnest Money Deposit (EMD) of ₹750,600 required to participate. The property belongs to the borrower M/s Wasuki Farmers Society. Interested parties should register and review all auction terms and conditions on the Canara Bank e-auction portal. This is a public auction, and all eligible bidders are welcome to participate.

The property's location in Wayanad, combined with its land and building structure, presents a solid investment opportunity. The reserve price appears reasonable for the area, and the auction terms are standard. A strong buy recommendation is justified due to the property's potential and the bank's reputation.