Property for Auction in Mannur, Palakkad, Kerala
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
Submission Date:2025-11-27
Bid Start Date:2025-11-28
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
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
Possession Status:Physical
Encumbrance Details:Not Known to Bank
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.
Branch:Branch Office : Specialised ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no:9188406941