Land and Building for Auction Kongad Ii Village Cheraya Amsom Desom Palakkad 53 Lakh by Canara Bank 23 Jun 2026
Kongad II Village, Cheraya Amsom Desom, Palakkad
Area: 6.60 ares
Old Sy No 365/1, Re Sy No 417/21, Cheraya Amsom Desom, Block No 2, Kongad II Village, Palakkad Taluk, Palakkad District.
Canara Bank · REGIONAL OFFICE PALAKKAD
Reserve price
₹53,00,000
EMD ₹5,30,000
Auction date
23 Jun 2026, 11:00 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 6.60 ares
- ▸Locality: Kongad II Village, Cheraya Amsom Desom
- ▸Reserve: ₹53,00,000
- ▸EMD: ₹5,30,000
Auction snapshot
| Possession | Physical |
| Property type | Land And Building · Residential |
| Locality | Kongad II Village, Cheraya Amsom Desom |
| Built-up / plot area | 6.60 ares |
| Lender | Canara Bank |
| Branch | REGIONAL OFFICE PALAKKAD |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Kongad II Village, Cheraya Amsom Desom, Palakkad by Canara Bank — reserve price ₹53,00,000, 6.60 ares, Physical possession.
Discover a prime bank auction property: a residential land parcel measuring 6.60 ares with an RCC building located in Kongad, Palakkad, Kerala. This attractive property, identified by Old Sy No 365/1 and Re Sy No 417/21 in Cheraya Amsom Desom, Kongad II Village, offers a significant investment opportunity. The e-auction by Canara Bank is scheduled for June 23, 2026, with a reserve price of ₹53,00,000 and an EMD of ₹5,30,000. Boundaries include a Panchayath Road to the East, a 6 Feet Road to the North, Property of Rasaq to the West, and a Road to the South. Physical possession has been taken by the bank. Don't miss this opportunity to acquire a well-located land and building for sale in Palakkad.
GeoSquare note: This property is a strong buy due to its clear 'Physical' possession status by Canara Bank, a crucial factor reducing buyer risk. The location in Kongad, Palakkad, Kerala, is generally desirable for residential development. The presence of an RCC building on a 6.60 ares land parcel offers good potential for end-use or investment, especially given the reasonable reserve price and the 'As is where is' basis common in bank auctions. The defined boundaries add clarity to the plot.
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