Land And Building for auction Nadapuram Kozhikode 40 lakh Canara Bank

This is a bank auction property located in Vadakara, Kozhikode, Kerala. The property is categorized as residential and consists of land with a building. It is being auctioned by Canara Bank under SARFAESI rules due to the borrower, Sri. Bijumon. K.M., defaulting on their loan. The property is a valuable opportunity for those looking to invest in real estate in the vibrant region of Kozhikode. Its specific location in Vadakara offers potential for both residential living and investment growth.

Canara Bank is conducting a SARFAESI auction for a residential land and building property in Vadakara, Kozhikode, 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 for this asset is ₹4,000,000, with an Earnest Money Deposit (EMD) of ₹400,000 required to participate. This is a significant opportunity to acquire a property through a transparent auction process managed by the bank.

The property, a residential land and building in Vadakara, Kozhikode, presents a calculated opportunity due to its location and reasonable reserve price. While not a prime investment, it holds potential for value appreciation. The auction terms are standard, warranting careful consideration before bidding.