Land And Building for auction Karakkunnu Village Malappuram 56 lakh Canara Bank

This offering presents a valuable opportunity to acquire a land and building asset located in the Ernad area of Malappuram, Kerala. Situated in a well-established locale, this residential property is brought to you through a SARFAESI auction by Canara Bank. The property is ideal for individuals or investors seeking a real estate asset in a developing region. Further details regarding the specific dimensions, condition, and potential of the land and building can be obtained from the official auction documents.

Canara Bank is conducting a SARFAESI auction for a land and building property in Ernad, Malappuram, Kerala. The auction will commence on October 31, 2025, at 11:30 AM and conclude at 12:30 PM on the same day. The reserve price for this asset is set at INR 56,03,000, with an Earnest Money Deposit (EMD) of INR 5,60,300 required to participate. This is a prime opportunity for interested buyers to bid on a residential property under the SARFAESI Act. Prospective bidders are advised to review all auction terms and conditions prior to the bidding period.

The property offers a potential investment in a developing locality. While the location is not prime, the price and building on the land could provide a decent return. Further due diligence and market analysis are recommended before bidding.