Land And Building for auction Mannur Palakkad 44 lakh Canara Bank

Property for Auction in Mannur, Palakkad, Kerala

Recommendation
Calculated OpportunityScore: 6.5
Possession
Physical
Size
9 Cents
Reserve Price
44,10,000
Reserve Price
44,10,000
EMD Required
4,41,000
Property Specifications
Size9 Cents
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land And Building
Location IconLocation:
Mannur, Palakkad
Auction Date IconAuction Date:
28-11-2025 10:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.5

Auction ID:610569

Bank Name:Canara Bank

Branch Name:Specialised ARM Branch

Reserve Price:44,10,000

EMD:4,41,000

Auction Time:10:00 AM to 11:00 PM

Service Provider:BAANKNET

Important Dates

Submission Date:2025-11-27

Bid Start Date:2025-11-28

Property Description

This is a residential land and building property located in Mannur, Palakkad, Kerala. The property is being auctioned by Canara Bank under SARFAESI regulations. It is situated in a well-connected area of Palakkad, offering a blend of residential potential and accessibility. The specific details of the land size and building structure will be available in the detailed auction notice. This presents an opportunity for prospective buyers looking to invest in the real estate market of Kerala.

State:Kerala

City:Palakkad

Area:Mannur

Asset Category:Residential

Full Address:Re-Survey No: 396/5 In Mannur Village, Nagarippuram Amsom, Nagarippuram Desom, Block 9, Parali SRO, Mannur, Palakkad

Size:9 Cents

Auction Description

Canara Bank is conducting a SARFAESI auction for a land and building property in Mannur, Palakkad, Kerala. The auction is scheduled for November 28, 2025, commencing at 10:00 AM and concluding at 11:00 AM. The reserve price for this auction is ₹4,410,000, with an Earnest Money Deposit (EMD) of ₹441,000 required to participate. The property is associated with the borrower M/s Kalavara Hypermarket. Interested bidders should refer to the official auction documents for comprehensive terms, conditions, and property specifics.

Borrower Name:M/s Kalavara Hypermarket

Auction Type:SARFAESI Auction

Guarantor Names:Mr. Mani, Mr. Raveendran P, Mrs. Radhika, Mr. A B Hamsa, Mrs. Shaheeda

Legal Details

Possession Status:Physical

Encumbrance Details:Not Known to Bank

Why This Property

The property in Mannur, Palakkad presents a calculated opportunity due to its size, residential building, and location. With a reserve price of ₹44,10,000, potential investors should carefully assess the market value and conduct due diligence. The physical possession status adds appeal but requires careful verification of encumbrances.

Contact Details

Branch:Branch Office : Specialised ARM Branch

Service Provider:BAANKNET

Contact Details:

Contact no:9188406941

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