Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611915
Bank Name:Canara Bank
Branch Name:SPECIALIZED ARM BRANCH, KOZHIKODE
Reserve Price:₹56,65,000
EMD:₹5,66,500
Auction Time:11:30 AM to 12:30 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
Discover a prime real estate opportunity in Iritty, Kannur, Kerala. This SARFAESI auction property features a Land And Building, ideal for residential use. Located in the growing area of Iritty, Kannur, it presents a unique chance to own a valuable asset in a desirable location. The property is offered by Canara Bank as part of their auction process.
State:Kerala
City:Kannur
Area:Iritty
Asset Category:Residential
Full Address:RS No. 3/1, Kallyad Village, Kallyad Amsom, Desom, Iritty Taluk, Kallyad, Kannur
Size:0.1416 Hector
Auction Description
This is a SARFAESI auction conducted by Canara Bank for a Land And Building property in Iritty, Kannur, Kerala. The auction will take place on November 25, 2025, starting at 11:30 AM and concluding at 12:30 PM. The reserve price is set at 56,65,000, with an Earnest Money Deposit (EMD) of 5,66,500 required to participate. This is a fantastic opportunity to acquire property through a transparent bank auction process.
Borrower Name:Sri. Abdul Rasheed Cheriandi
Auction Type:SARFAESI Auction
Guarantor Names:Smt. Naseema Thekkumbath
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property presents a calculated opportunity due to its location in Iritty, Kannur, and the presence of both land and a residential building. While the reserve price seems reasonable, further due diligence is recommended. The property's appeal is moderate, suggesting a calculated investment approach.
Contact Details
Branch:Branch Office : SPECIALIZED ARM BRANCH, KOZHIKODE
Service Provider:BAANKNET
Contact Details:
Authorised Officer
Contact no:9188406941
