Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612479
Bank Name:Canara Bank
Branch Name:Specialised ARM Branch
Reserve Price:₹38,50,000
EMD:₹3,85,000
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 residential land and building property located in Vadakara, Kozhikode, Kerala. The property is associated with borrower Mr. Rajeevan Kizhakkeparambath and is being auctioned by Canara Bank.
State:Kerala
City:Kozhikode
Area:Vadakara
Asset Category:Residential
Full Address:Kuttiadi Vilage, Vadakara Taluk, Kuttiadi, Kozhikode
Size:10.26 Ares
Auction Description
Canara Bank is conducting an online SARFAESI auction for a land and building property in Vadakara, Kozhikode, Kerala. The auction will take place on November 29, 2025, from 11:30 AM to 12:30 PM. The reserve price is ₹38,50,000, with an Earnest Money Deposit (EMD) of ₹3,85,000. Interested bidders should refer to the official auction notice for detailed terms and conditions.
Borrower Name:Mr. Rajeevan Kizhakkeparambath
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Surendran Kizhakkeparambath
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property, a residential land and building in Vadakara, Kerala, presents a calculated opportunity due to its location and size. The reserve price of ₹3850000.0 and the bank auction terms make it a potentially viable investment, though further due diligence regarding local market conditions is advised.
Contact Details
Branch:Branch Office : Specialised ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no:9188406941
