Property for Auction in Kakkodi Village, Kozhikode, Kerala
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:596317
Bank Name:Canara Bank
Branch Name:RECOVERY SECTION REGIONAL OFFICE-CALICUT
Reserve Price:₹22,15,000
EMD:₹2,21,500
Auction Time:11 AM to 12 PM
Service Provider:BAANKNET
Submission Date:2025-10-27
Bid Start Date:2025-10-29
This is a bank auction of a residential land and building located in Kakkodi Village, Kozhikode, Kerala. The property is part of a SARFAESI auction conducted by Canara Bank. It offers a valuable opportunity to acquire real estate in a developing area. The land and building present potential for residential use or investment. Interested parties should review all auction terms and conditions.
State:Kerala
City:Kozhikode
Area:Kakkodi Village
Asset Category:Residential
Full Address:Kakkodi Village, Kozhikode Taluk, Kakkodi Sub District, Kozhikode District, Kakkodi, Kozhikode
Size:0.9066 ares
Canara Bank is conducting a SARFAESI auction for a land and building property in Kakkodi Village, Kozhikode, Kerala. The reserve price is set at INR 22,15,000 with an Earnest Money Deposit (EMD) of INR 2,21,500. The auction will take place on October 29, 2025, from 11:00 AM to 12:00 PM. This is a single-day online auction event. Please ensure you have completed all necessary pre-auction registrations and verification processes.
Borrower Name:M/s K C Hardware
Auction Type:SARFAESI Auction
Guarantor Names:Smt. Divya T.V., Sri. Suraj K
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
The property in Kakkodi, Kozhikode, presents a calculated opportunity. While the location is reasonably accessible, the presence of existing building adds value, however the lack of specific details tempers the rating. The reserve price and EMD amount seem appropriate, making it a potentially worthwhile investment for those familiar with the local market.
Branch:Branch Office : RECOVERY SECTION REGIONAL OFFICE-CALICUT
Service Provider:BAANKNET
Contact Details:
Karan Modi
Contact no:7016716557