Land And Building for auction Kodassery Village Chalakudy 22 lakh Canara Bank

A compelling opportunity to acquire land and a building in the vibrant area of Chalakudy, Thrissur, Kerala. This residential asset, previously owned by Mr. Satheesh Sadanandan, is being brought to auction by Canara Bank. Located in a desirable region, this property presents potential for various uses or as a valuable addition to an investment portfolio. Its accessibility and the growing infrastructure of Thrissur make it an attractive prospect.

Canara Bank presents a SARFAESI auction for a land and building property located in Chalakudy, Thrissur, Kerala. The auction commences on November 25, 2025, at 10:30 AM and concludes at 11:30 AM on the same day. The reserve price is set at INR 22,00,000, with an Earnest Money Deposit (EMD) of INR 2,20,000 required to participate. This is a unique chance to acquire a residential property through a transparent banking auction process. Interested bidders are advised to review all auction terms and conditions carefully.

The property presents a calculated opportunity due to its location in Chalakudy and the combination of land and building. The reserve price seems reasonable, but further due diligence is needed to assess potential market value and encumbrances, making it a calculated risk with potential for moderate returns.