Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610678
Bank Name:Canara Bank
Branch Name:ARM BRANCH, KOZHIKODE
Reserve Price:₹62,10,000
EMD:₹6,21,000
Auction Time:11.30 AM to 12.30 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-27
Bid Start Date:2025-11-28
Property Description
This SARFAESI auction features a residential land and building property located in Malappuram, Kozhikode, Kerala. The property is being auctioned by Canara Bank. It is an excellent opportunity to acquire a property in a sought-after area. The bidding will commence on 28-11-2025 at 11:30 AM and conclude at 12:30 PM on the same day.
State:Kerala
City:Kozhikode
Area:Malappuram
Asset Category:Residential
Full Address:Sy No 52/24-15 in Kuruva Village, Perithalmanna Taluk, Malappuram District, Kuruva, Malappuram
Size:17.51 Ares
Auction Description
Canara Bank is conducting a SARFAESI auction for a land and building property in Malappuram, Kozhikode, Kerala. The reserve price for this auction is ₹62,10,000, with an Earnest Money Deposit (EMD) of ₹6,21,000 required to participate. The auction will be held on 28-11-2025, starting at 11:30 AM and ending at 12:30 PM. This is a prime opportunity for interested buyers to bid on this valuable asset.
Borrower Name:Mr. Kabeer P
Auction Type:SARFAESI Auction
Guarantor Names:Mrs.Khadeeja
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property presents a reasonable investment opportunity due to its land size and inclusion of a residential building in a developing area of Malappuram. The reserve price seems appropriate, but potential investors should thoroughly assess the location and building condition. Auction terms are standard, suggesting a calculated risk.
Contact Details
Branch:Branch Office : ARM BRANCH, KOZHIKODE
Service Provider:BAANKNET
Contact Details:
Contact no:9188406941
