Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610655
Bank Name:Indian Bank
Branch Name:ZONAL OFFICE, KOZHIKODE
Reserve Price:₹6,50,000
EMD:₹65,000
Auction Time:11:00 AM TO 5:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:09-12-2025 05:00 PM
Bid Start Date:2025-12-10
Property Description
This is a SARFAESI auction for a residential land and building located in Narikunni, Kozhikode, Kerala. The property is being auctioned by Indian Bank. The borrower is Mrs. Prameela M.K. The land and building present a unique opportunity in the Kozhikode district.
State:Kerala
City:Kozhikode
Area:Narikunni
Asset Category:Residential
Full Address:SY. No. 93/1A, R.S. No.53/1, Parannur Village, Parannur Desom, Narikkuni Panchayath, Narikunni, Kozhikode
Size:5 cents
Auction Description
Indian Bank presents a SARFAESI auction for a residential property in Narikunni, Kozhikode, Kerala. The auction is scheduled for December 10, 2025, commencing at 11:00 AM and concluding at 05:00 PM on the same day. The reserve price for this land and building is ₹6,50,000, with an Earnest Money Deposit (EMD) of ₹65,000 required to participate. This is a significant opportunity for prospective buyers in the Kerala region.
Borrower Name:Mrs.Prameela M.K
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Nil
Why This Property
The property, a land and building in Narikunni, Kozhikode, presents a calculated opportunity given its location and size. The reserve price seems reasonable. Further due diligence is advisable to evaluate the specific market conditions and potential return on investment.
Contact Details
Branch:Branch Office : ZONAL OFFICE, KOZHIKODE
Service Provider:BAANKNET
Contact Details:
Contact no:8291220220
