Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:614575
Bank Name:HDFC Bank
Branch Name:Reg Office : Mumbai
Reserve Price:₹1,38,31,000
EMD:₹13,83,100
Bid Increment:₹10,000
Auction Time:11 am to 1 pm with 5 minutes unlimited extention
Service Provider:bankeauctions.com / C1 India
Important Dates
Submission Date:2025-11-20
Bid Start Date:2025-11-21
Property Description
This is a residential land and building property located in the prime area of Chevayur, Kozhikode, Kerala. The property is part of a SARFAESI auction conducted by HDFC Bank for the borrower, Mis. Bakers and Butiers India Pvt. Ltd. It offers a significant opportunity for investment in a well-established locality.
State:Kerala
City:Kozhikode
Area:Chevayur
Asset Category:Residential
Full Address:Chevayur Village, Kozhikode Taluk, Kozhikode District, Chevayur, Kozhikode
Size:5.4903 Ares
Auction Description
HDFC Bank is conducting an SARFAESI auction for a residential land and building property in Chevayur, Kozhikode, Kerala. The auction has a reserve price of INR 13,831,000 and requires an Earnest Money Deposit (EMD) of INR 1,383,100. The auction will take place on November 21, 2025, starting at 11:00 AM and concluding at 01:00 PM. Interested bidders should review all auction terms and conditions.
Borrower Name:Mis. Bakers and Butiers India Pvt. Ltd
Auction Type:SARFAESI Auction
Guarantor Names:Sujith Kumar Penothil
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property, a land with residential building in Chevayur, Kozhikode, offers potential for development or residential use. The reserve price seems reasonable, and the location adds to its value. However, potential buyers should conduct thorough due diligence regarding the property's title and encumbrances before participating in the auction.
Contact Details
Branch:Branch Office : Reg Office : Mumbai
Service Provider:bankeauctions.com / C1 India
Contact Details:
S. Sreekala
Contact no:9349006724
