Property for Auction in Mananthavady, Wayanad, Kerala
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613549
Bank Name:Canara Bank
Branch Name:Kannur
Reserve Price:₹8,55,000
EMD:₹85,500
Auction Time:10.30 AM to 11.00 AM
Service Provider:BAANKNET
Submission Date:2025-11-27
Bid Start Date:2025-11-29
This auction features a valuable Land and Building property located in the scenic Mananthavady area of Wayanad, Kerala. Ideal for residential purposes, this asset presents a unique opportunity for investment or personal use in a thriving region. The property is being auctioned by Canara Bank under SARFAESI rules, offering a transparent and secure transaction process. Don't miss this chance to acquire a property in one of Kerala's most sought-after destinations.
State:Kerala
City:Wayanad
Area:Mananthavady
Asset Category:Residential
Full Address:Sy.No.242/35, Edavaka Village, Mananthavady Taluk, Wayanad District, Edavaka Village, Mananthavady
Size:9 cents
Canara Bank is conducting a SARFAESI auction for a Land and Building property in Mananthavady, Wayanad, Kerala. The auction will take place on 29-11-2025, with bidding open from 10:30 AM to 11:00 AM. The reserve price for this residential asset is INR 855,000, with an Earnest Money Deposit (EMD) of INR 85,500. This is a prime opportunity to participate in a bank auction and potentially acquire a desirable property at a competitive price. Ensure you have completed all necessary pre-auction formalities to bid.
Borrower Name:Sri Anoop Mohan
Auction Type:SARFAESI Auction
Guarantor Names:Smt. Girija K P
Possession Status:Physical
Encumbrance Details:Not Known to Bank
The property is a residential land and building in Mananthavady, Wayanad, offering a moderate investment opportunity. The reserve price is reasonable, and the location is potentially desirable, though further market analysis is recommended. The calculated opportunity reflects a balanced risk-reward profile.
Branch:Branch Office : Kannur
Service Provider:BAANKNET
Contact Details:
Senior Manager
Contact no:9446014751