Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613109
Bank Name:Canara Bank
Branch Name:SPECIALIZED ARM BRANCH, KOZHIKODE
Reserve Price:₹1,23,30,000
EMD:₹12,33,000
Auction Time:11:30 A.M. to 12:30 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-28
Bid Start Date:2025-11-29
Property Description
This auction features a valuable land and building property located in the scenic Vythiri area of Wayanad, Kerala. The asset, categorized as residential, presents an excellent opportunity for investors or individuals seeking property in this popular region. Situated in a prime location, the property offers potential for various uses. Detailed site inspection is recommended to fully appreciate the scope and condition of the land and building.
State:Kerala
City:Wayanad
Area:Vythiri
Asset Category:Residential
Full Address:Re Sy. No. 55/8, 55/2, 55/26, 55/46 in Muttil South Amsom Desom, Vythiri Taluk, Muttil South, Wayanad
Size:41.50 cents
Auction Description
Canara Bank is conducting a SARFAESI auction for a land and building property in Vythiri, Wayanad, Kerala. The auction will commence on November 29, 2025, at 11:30 AM and conclude at 12:30 PM on the same day. The reserve price is set at ₹1,23,30,000, with an Earnest Money Deposit (EMD) of ₹12,33,000 required to participate. This is a prime opportunity to acquire a significant asset through a transparent banking auction process. Interested bidders are advised to review all auction terms and conditions thoroughly.
Borrower Name:M/s Wasuki Farmers Society
Auction Type:SARFAESI Auction
Guarantor Names:Sri. Manu P.R, Sri. Robin P.R, Smt. Leela Raju, Sri. Shibu Paul, Sri. Saji K.P, Sri. Babu K.M, Sri. Antony V.V, Dr. Ambi, Janaki M.P, T Mani, Vijayalakshmi M, Vijayakumar C.T, Srudhin Kuriakose, Johnson K M, Aneesh P.M, Sudhish, Krishnakumari P.G, Viswambharan
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property, a land with building in Vythiri, offers moderate potential due to its location and type. The reserve price and EMD are significant, requiring careful assessment. It's a calculated opportunity suitable for investors familiar with the area and auction terms.
Contact Details
Branch:Branch Office : SPECIALIZED ARM BRANCH, KOZHIKODE
Service Provider:BAANKNET
Contact Details:
Contact no:9188406941
