Land And Building for auction Kadirur Thalassery 34 lakh Canara Bank

Property for Auction in Thalassery, Kannur, Kerala

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
3.64 ares
Reserve Price
33,50,000
Reserve Price
33,50,000
EMD Required
3,35,000
Property Specifications
Size3.64 ares
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land And Building
Location IconLocation:
Thalassery, Kannur
Auction Date IconAuction Date:
29-11-2025 11:30 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:612620

Bank Name:Canara Bank

Branch Name:Specialised ARM Branch

Reserve Price:33,50,000

EMD:3,35,000

Auction Time:11:30 A.M. to 12:30 P.M.

Service Provider:BAANKNET

Important Dates

Submission Date:2025-11-28

Bid Start Date:2025-11-29

Property Description

This bank auction presents a unique opportunity to acquire a Land and Building property in Thalassery, Kannur, Kerala. Situated in a desirable location, this asset is ideal for residential purposes. The property is offered by Canara Bank under the SARFAESI Act, presenting a clear title and a straightforward transaction process. Its current state and potential for development or renovation make it a compelling prospect for discerning buyers. Invest in this property and unlock its full potential in the thriving real estate market of Kannur.

State:Kerala

City:Kannur

Area:Thalassery

Asset Category:Residential

Full Address:Re Sy No. 57/2 in Kadirur Village, Thalassery Taluk, Kannur District, Kadirur, Thalassery

Size:3.64 ares

Auction Description

Canara Bank is pleased to announce a SARFAESI auction for a valuable Land and Building property located in Thalassery, Kannur, Kerala. The auction will commence on November 29, 2025, at 11:30 AM and conclude at 12:30 PM on the same day. The reserve price for this attractive asset is set at INR 33,50,000, with an Earnest Money Deposit (EMD) of INR 3,35,000 required. This is a prime opportunity for individuals or investors looking to own a property in a sought-after region of Kerala. Don't miss out on this chance to bid and secure your future investment.

Borrower Name:Sri. Ummer P.

Auction Type:SARFAESI Auction

Guarantor Names:Smt. Rehamath T V, Mr. Mohammed Risvan

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

The property, located in Thalassery, presents a calculated opportunity due to its residential nature and land size. The reserve price seems reasonable, and the auction terms are standard, but further due diligence is recommended due to the lack of specific market data.

Contact Details

Branch:Branch Office : Specialised ARM Branch

Service Provider:BAANKNET

Contact Details:

Contact no:9188406941

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