Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612484
Bank Name:Canara Bank
Branch Name:Specialised ARM Branch
Reserve Price:₹1,92,00,000
EMD:₹19,20,000
Auction Time:11:30 A.M. to 12:30 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-28
Bid Start Date:2025-11-29
Property Description
This is a SARFAESI auction for a valuable Land and Building property located in Kottoli, Kozhikode, Kerala. Situated in a prime area, this asset offers significant potential. The property was formerly owned by Mr. Jagannathan Kandiyil. Don't miss this opportunity to acquire a substantial property in a developing region. Ideal for investment or personal use.
State:Kerala
City:Kozhikode
Area:Kottoli
Asset Category:Residential
Full Address:Re Sy No. 72/10A of Kottooli Village, Kottoli, Kozhikode
Size:29 cents
Auction Description
Canara Bank is conducting a SARFAESI auction for a Land and Building property in Kottoli, Kozhikode. The auction has a reserve price of ₹1,92,00,000 and requires an EMD of ₹19,20,000. Bidding opens on November 29, 2025, at 11:30 AM and closes at 12:30 PM on the same day. This is a unique chance to purchase a bank-auctioned asset at a competitive price. Full details and inspection guidelines are available from Canara Bank.
Borrower Name:Mr. Jagannathan Kandiyil
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Bindiya.T, M/s Ramvijay Engineering and Manufactures, Mr. M. Krishnan
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land and building in Kottoli, Kozhikode, presenting a calculated opportunity. The reserve price is relatively high, but the location could offer decent returns. Further due diligence is recommended before bidding.
Contact Details
Branch:Branch Office : Specialised ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no:9188406941
