Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611510
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹31,50,000
EMD:₹3,15,000
Service Provider:BAANKNET
Important Dates
Submission Date:24-11-2025 05:00 PM
Bid Start Date:25-11-2025 10:30 AM
Property Description
This is a SARFAESI auction for a residential land and building located in Mukundapuram, Thrissur, Kerala. The property is associated with borrower Mr. Nikhil Murali Pattat and is being auctioned by Canara Bank.
State:Kerala
City:Thrissur
Area:Mukundapuram
Asset Category:Residential
Full Address:Old Sy No 1020/3 at Madayikonam Village, Mukundapuram Taluk, Thrissur District., Madayikonam Village, Thrissur
Size:2.83 Ares
Auction Description
Canara Bank is conducting an online SARFAESI auction for a land and building property in Mukundapuram, Thrissur, Kerala. The auction will take place on November 25, 2025, starting at 10:30 AM and concluding at 11:30 AM. The reserve price for this auction is ₹31,50,000, with an Earnest Money Deposit (EMD) of ₹3,15,000 required to participate.
Borrower Name:Mr. Nikhil Murali Pattat
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property represents a moderate investment opportunity, given its location in Mukundapuram and the presence of a residential building on the land. The reserve price appears reasonable, but potential buyers should conduct due diligence on encumbrances. This is a calculated opportunity suitable for investors familiar with the local real estate market.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
