Land and Building for Auction Iritty Kannur 51.9 Lakh by Punjab National Bank 17 Jul 2026
Iritty, Kannur
Area: 0.0688 Hectares
Re Survey No. 339/113, Kelakam Amsom and Desom
Punjab National Bank · ASSET RECOVERY MANAGEMENT BRANCH
Reserve price
₹51,89,000
EMD ₹5,18,900
Auction date
17 Jul 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 0.0688 Hectares
- ▸Locality: Iritty
- ▸Reserve: ₹51,89,000
- ▸EMD: ₹5,18,900
Auction snapshot
| Possession | Symbolic |
| Property type | Land And Building · Residential |
| Locality | Iritty |
| Built-up / plot area | 0.0688 Hectares |
| Lender | Punjab National Bank |
| Branch | ASSET RECOVERY MANAGEMENT BRANCH |
| Unit / flat no. | Re Survey No. 339/113 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Iritty, Kannur by Punjab National Bank — reserve price ₹51,89,000, 0.0688 Hectares, Symbolic possession.
Discover an excellent bank auction opportunity in Iritty, Kannur, Kerala. This residential property consists of 0.0688 Hectares of land with a building, identified by Re Survey No. 339/113 in Kelakam Amsom and Desom. Offered by Punjab National Bank, the property has a reserve price of ₹5,189,000.0 and requires an EMD of ₹518,900.0. The e-auction is scheduled for July 17, 2026, from 11:00 AM to 05:00 PM. Interested bidders can inspect the property on July 15, 2026, with the last date for EMD submission being July 16, 2026. While possession is symbolic, there are no known encumbrances reported by the bank. This bank auction property for sale presents a compelling investment for those seeking residential assets in the Kannur District.
GeoSquare note: This residential land and building in Iritty, Kannur, offers a strong investment opportunity with a competitive reserve price. The property's clear boundaries and 'nil' encumbrance status are positive indicators. Despite symbolic possession, the location in Kannur District suggests good potential for value appreciation. The transparent auction details make it an attractive option for prospective buyers.
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