Land And Building for auction Kadirur Village Kannur 24 lakh Canara Bank

Property for Auction in Thalassery, Kannur, Kerala

Recommendation
Calculated OpportunityScore: 6.8
Size
2.02 Ares
Reserve Price
23,96,000
Reserve Price
23,96,000
EMD Required
2,39,600
Property Specifications
Society/Building
Size2.02 Ares
Unit No.
Floor
Possession Status
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land And Building
Location IconLocation:
Thalassery, Kannur
Auction Date IconAuction Date:
31-10-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:595881

Bank Name:Canara Bank

Branch Name:Kannur

Reserve Price:23,96,000

EMD:2,39,600

Auction Time:11.00 AM to 11.30 AM

Service Provider:BAANKNET

Important Dates

Submission Date:2025-10-29

Bid Start Date:2025-10-31

Property Description

A prime piece of real estate located in Thalassery, Kannur, Kerala. This property features both land and a building, offering versatile potential for residential use. Situated in a well-established area, it presents an excellent opportunity for prospective buyers seeking a property in this sought-after region. The location benefits from the city's infrastructure and amenities. Ideal for those looking to invest in the growing property market of Kerala.

State:Kerala

City:Kannur

Area:Thalassery

Asset Category:Residential

Full Address:Survey no. 117/166 (117/3 as per document), Kadirur Village, Thalassery Taluk, Kannur District, Kadirur Village, Kannur

Size:2.02 Ares

Auction Description

Canara Bank is conducting a SARFAESI auction for a valuable land and building property in Thalassery, Kannur, Kerala. The auction will take place on 31-10-2025, with bidding open from 11:00 AM to 11:30 AM. The reserve price is set at ₹23,96,000, with an Earnest Money Deposit (EMD) of ₹2,39,600 required to participate. This is a unique opportunity to acquire a residential asset under the SARFAESI Act. Interested parties should review all auction terms and conditions before bidding.

Borrower Name:Mr. Rejesh M

Auction Type:SARFAESI Auction

Legal Details

Encumbrance Details:Not Known to Bank

Why This Property

The property is a land and building in a developing area, offered at a reasonable reserve price. While the location might not be prime, the price point makes it a calculated opportunity for investors or individuals seeking affordable property. Auction terms are standard, and further due diligence is recommended.

Contact Details

Branch:Branch Office : Kannur

Service Provider:BAANKNET

Contact Details:

Contact no: —

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