Land And Building for auction Kottiyoor Kannur 1 Cr South Indian Bank

Property for Auction in Iritty, Kannur, Kerala

Recommendation
Calculated OpportunityScore: 6.8
Possession
Physical
Size
20.23 Ares
Reserve Price
1,48,50,000
Reserve Price
1,48,50,000
EMD Required
14,85,000
Property Specifications
Size20.23 Ares
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land And Building
Location IconLocation:
Iritty, Kannur
Auction Date IconAuction Date:
20-11-2025 10:30 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:609128

Bank Name:South Indian Bank

Branch Name:Regional Office

Reserve Price:1,48,50,000

EMD:14,85,000

Bid Increment:10,000

Auction Time:10:30 AM to 11:30 AM

Service Provider:bankauctions.in

Important Dates

Submission Date:2025-11-19

Bid Start Date:2025-11-20

Property Description

This SARFAESI auction presents a compelling opportunity to acquire land and a building in Iritty, Kannur, Kerala. Located in the vibrant state of Kerala, this residential property offers a promising investment or personal dwelling. The property is associated with Mr. Jose PS. Seize this chance to own a valuable asset in a sought-after location.

State:Kerala

City:Kannur

Area:Iritty

Asset Category:Residential

Full Address:Pro.Sy.2453/2 of Kottiyoor Village, Iritty Taluk, Kannur District, Kottiyoor, Kannur

Size:20.23 Ares

Auction Description

South Indian Bank is conducting a SARFAESI auction for a land and building property in Iritty, Kannur, Kerala. The auction will take place on November 20, 2025, from 10:30 AM to 11:30 AM. The reserve price is set at ₹1,48,50,000, with an Earnest Money Deposit (EMD) of ₹14,85,000. This is an excellent opportunity to participate in a bank auction and acquire a property under the SARFAESI Act.

Borrower Name:Mr. Jose PS

Auction Type:SARFAESI Auction

Guarantor Names:Mrs.Jincy Jose

Legal Details

Possession Status:Physical

Encumbrance Details:Encumbrances from 01.01.2018 to 05-02-2024 and it contains 4 encumbrance: 1.Attachment dated 29-01-2021 from Subordinate Judge, Thalassery, 2.Attachment dated 20-03-2021 from The munsif Court, Kuthuparamba, OS/146/2021, 3. Attachment dated 30-10-2021 from Munsif Court, Kuthuparamba, 4.Attachment dated 09-03-2023 from Family Court Thalassery IA02/2023 OP 172/2023.

Why This Property

Located in Iritty, Kannur, this land and building offer a calculated opportunity for investment. The property's reserve price and auction terms require careful evaluation, but the location's potential and property size contribute to its appeal.

Contact Details

Branch:Branch Office : Regional Office

Service Provider:bankauctions.in

Contact Details:

Authorized Officer

Contact no:7306275760

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