Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613551
Bank Name:Canara Bank
Branch Name:Kannur
Reserve Price:₹12,35,000
EMD:₹1,23,500
Auction Time:3.00 PM to 3.30 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-27
Bid Start Date:2025-11-29
Property Description
This is a SARFAESI auction for a residential land and building property located in Mananthavady, Wayanad, Kerala. The property is being auctioned by Canara Bank. This is a great opportunity to acquire real estate in a desirable location. Further details about the property's specifications and condition can be obtained from the bank.
State:Kerala
City:Wayanad
Area:Mananthavady
Asset Category:Residential
Full Address:Re.Sy No. 89/127 of Mananthavady Village, Mananthavady Taluk, Wayanad District, Mananthavady, Wayanad
Size:8 cents
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential land and building property in Mananthavady, Wayanad, Kerala. The auction will take place on November 29, 2025, starting at 11:00 AM and ending at 11:30 AM. The reserve price is ₹12,35,000, with an Earnest Money Deposit (EMD) of ₹1,23,500 required. This is a timed online auction. Interested bidders should review all auction terms and conditions provided by Canara Bank.
Borrower Name:Smt Naseema M
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Rashid M M
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land and building in Mananthavady, Wayanad, offered at a reserve price of ₹12,35,000. While the location is decent, further due diligence is needed to assess local market conditions. Given these factors, it represents a calculated opportunity for potential investors.
Contact Details
Branch:Branch Office : Kannur
Service Provider:BAANKNET
Contact Details:
Manager
Contact no:9495004216
