Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613366
Bank Name:Canara Bank
Branch Name:Specialised ARM Branch
Reserve Price:₹34,98,000
EMD:₹3,49,800
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 auction features a residential land and building in Kunnamangalam, Kozhikode, Kerala. The property, owned by Sri. Joshil. P, is being auctioned by Canara Bank under the SARFAESI Act. It presents an opportunity to acquire real estate in a well-known area of Kozhikode. The property type is Land And Building, suitable for residential purposes.
State:Kerala
City:Kozhikode
Area:Kunnamangalam
Asset Category:Residential
Full Address:Kalarikkalmeethal, Varattiyakkal, Kunnamangalam, Kozhikode
Size:2.023 Ares
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential land and building in Kunnamangalam, Kozhikode. The auction has a reserve price of ₹34,98,000 and requires an Earnest Money Deposit (EMD) of ₹3,49,800. The auction will take place on 29-11-2025, starting at 11:30 AM and concluding at 12:30 PM. Interested bidders should ensure they meet all pre-auction requirements.
Borrower Name:Sri. Joshil. P
Auction Type:SARFAESI Auction
Guarantor Names:Sri. Jithu. P
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property in Kunnamangalam represents a calculated opportunity due to its land and building composition and relatively moderate reserve price. While not a prime investment, the location in Kozhikode, coupled with the bank auction terms, makes it an opportunity worth considering for those with local market knowledge. Further due diligence is recommended.
Contact Details
Branch:Branch Office : Specialised ARM Branch
Service Provider:BAANKNET
Contact Details:
Authorised Officer
Contact no:9188406941
