Land and Building for Auction Olavanna Village Kozhikode 25 Lakh by Indian Bank 27 Jul 2026
Olavanna village, Kozhikode
Area: 3 cents
Sy no 151/24, R.S.no 228/5A1, Olavanna village, Kozhikode, Kerala 673019
Indian Bank · Zonal Office
Reserve price
₹25,00,000
EMD ₹2,50,000
Auction date
27 Jul 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 3 cents
- ▸Locality: Olavanna village
- ▸Reserve: ₹25,00,000
- ▸EMD: ₹2,50,000
Auction snapshot
| Possession | Symbolic |
| Property type | Land And Building · Residential |
| Locality | Olavanna village |
| Built-up / plot area | 3 cents |
| Lender | Indian Bank |
| Branch | Zonal Office |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Olavanna village, Kozhikode by Indian Bank — reserve price ₹25,00,000, 3 cents, Symbolic possession.
Discover a promising bank auction property: a residential building on 3 cents of land located in Olavanna village, Kozhikode, Kerala (Pin: 673019). This Indian Bank auction features a property with Sy no 151/24, R.S.no 228/5A1, offered under 'As is where is' terms. The reserve price is set at ₹2,500,000, with an EMD of ₹250,000 and a bid increment of ₹50,000. The e-auction is scheduled for July 27, 2026, from 11:00 AM to 05:00 PM. This is a prime opportunity for investors looking for residential properties for sale in Kozhikode, with no prior encumbrances as per bank records. Contact the helpdesk for technical assistance.
GeoSquare note: This property in Olavanna, Kozhikode, presents a strong investment opportunity, especially given the clear title with 'Nil' encumbrances as per bank records. The residential land and building offer good potential for appreciation in a growing area. The competitive reserve price and transparent auction details make it an attractive option, although the possession status is symbolic which might require additional effort post-auction.
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