Property for Auction in Thalassery, Kannur, Kerala
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
Submission Date:2025-10-29
Bid Start Date:2025-10-31
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
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
Encumbrance Details:Not Known to Bank
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.
Branch:Branch Office : Kannur
Service Provider:BAANKNET
Contact Details:
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