Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610568
Bank Name:Canara Bank
Branch Name:Specialised ARM Branch
Reserve Price:₹45,66,000
EMD:₹4,56,600
Auction Time:10:00 AM to 11:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-27
Bid Start Date:2025-11-28
Property Description
This auction features a prime piece of residential land and building located in Chittur, Palakkad, Kerala. The property is offered by Canara Bank under the SARFAESI Act. It presents a significant opportunity for investment or personal use in a developing area. Don't miss this chance to acquire a valuable asset in Palakkad.
State:Kerala
City:Palakkad
Area:Chittur
Asset Category:Residential
Full Address:VII/397, 398 & 399, Door No VII/397, 398 & 399 Kozhipathy Village, Chittur Taluk, Palakkad District, Kozhipathy Village, Palakkad
Size:8.64 Cent
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential land and building in Chittur, Palakkad, Kerala. The auction will take place on November 28, 2025, from 10:00 AM to 11:00 AM. The reserve price is set at INR 45,66,000, with an Earnest Money Deposit (EMD) of INR 4,56,600 required. This is a fantastic opportunity to bid on a property owned by M/s Sampoornam Traders.
Borrower Name:M/s Sampoornam Traders
Auction Type:SARFAESI Auction
Guarantor Names:M/s Babu Coolbar, Sri. Malayandiswamy Chettiyyar
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a decent investment potential due to its location in Chittur, Palakkad, and its residential nature. The reserve price seems reasonable, but further due diligence on the locality's market trends and potential rental income is advised before making a final decision.
Contact Details
Branch:Branch Office : Specialised ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no:9188406941
