Property for Auction in Thalassery, Kannur, Kerala
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
Submission Date:2025-11-28
Bid Start Date:2025-11-29
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
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
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
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.
Branch:Branch Office : Specialised ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no:9188406941