Land and Building for Auction Kuttiady Village Thondipoyil Desom Vadakara Taluk Kozhikode 50.2 Crore by State Bank of India 03 Aug 2026

Quick read

• ▸Possession: Physical
• ▸Area: 3.21057 acres
• ▸Locality: Kuttiady Village, Thondipoyil Desom, Vadakara Taluk
• ▸Reserve: ₹50,20,00,000
• ▸EMD: ₹5,02,00,000

About this property

Land And Building bank auction in Kuttiady Village, Thondipoyil Desom, Vadakara Taluk, Kozhikode by State Bank of India — reserve price ₹50,20,00,000, 3.21057 acres, Physical possession.

Discover a prime bank auction property in Vadakara, Kozhikode, Kerala. This extensive 3.21-acre land parcel, offered by State Bank of India, features a valuable mix of assets including residential building, a running HPCL Petrol Pump, and an under-construction commercial building. Located in Kuttiady Village, Thondipoyil Desom, this commercial property for sale offers significant investment potential. The reserve price is ₹50,20,00,000, with an EMD of ₹5,02,00,000. While physical possession of the majority is with the bank, 32 cents of land with the HPCL Petrol Pump is leased until 2038, and a commercial building area is leased till 2049. Bid in the e-auction on 2026-08-03 for this large, strategically located property with diverse utility.

GeoSquare note: This property offers a substantial 3.21-acre land parcel with mixed commercial (HPCL petrol pump, under-construction commercial building) and residential potential in Vadakara, Kozhikode. While the reserve price is high, the prime location and diverse utility are attractive. However, existing long-term leases (HPCL till 2038, Yenfor Ventures till 2049) and partial physical possession pose significant challenges for immediate full utilization, making it a fair option for investors seeking long-term value despite initial complexities. The bank holding prior charge mitigates some encumbrance risk.