Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:593902
Bank Name:Canara Bank
Branch Name:SPECIALIZED ARM BRANCH, KOZHIKODE
Reserve Price:₹56,65,000
EMD:₹5,66,500
Auction Time:10:00 AM to 4:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:30-10-2025 04:00 PM
Bid Start Date:2025-10-21
Property Description
This is a SARFAESI auction property located in Iritty, Kannur, Kerala, offered by Canara Bank. The asset category is Residential, and the property type is Land And Building. The borrower is Sri. Abdul Rasheed Cheriandi. The property is situated in the accessible area of Iritty, Kannur.
State:Kerala
City:Kannur
Area:Iritty
Asset Category:Residential
Full Address:R S No. 3/1, Kallyad Village, Kallyad Amsom, Desom, Iritty Taluk, Kannur District, Kallyad, Kannur
Size:0.1416 Hectare
Auction Description
Canara Bank is conducting a SARFAESI auction for a Land And Building property in Iritty, Kannur, Kerala. The auction will take place on October 31, 2025, from 11:30 AM to 12:30 PM. The reserve price for this residential property is ₹56,65,000, with an Earnest Money Deposit (EMD) of ₹5,66,500. Interested bidders should review all auction terms and conditions.
Borrower Name:Sri. Abdul Rasheed Cheriandi
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
Located in Iritty, Kannur, this residential land and building offers moderate potential. The reserve price seems reasonable given the location, although further due diligence is needed. The defined auction terms provide a viable entry point for interested buyers.
Contact Details
Branch:Branch Office : SPECIALIZED ARM BRANCH, KOZHIKODE
Service Provider:BAANKNET
Contact Details:
Authorised Officer
Contact no:9188406941
