Land and Building for Auction Ottapalam Palakkad 2.2 Crore by Canara Bank 19 Jun 2026
Ottapalam, Palakkad
Area: 12.25 Ares
Sy No. 11/1 in Shoranur Village Ottapalam Taluk, Palakkad District overed by Deed No 1156/2004 owned by Mrs. Naseema Usman, Mattummal House, Shornur.
Canara Bank · ARM Branch
Reserve price
₹2,22,00,000
EMD ₹22,20,000
Auction date
19 Jun 2026, 10:30 AM
Auction notice
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Quick read
- ▸Area: 12.25 Ares
- ▸Locality: Ottapalam
- ▸Reserve: ₹2,22,00,000
- ▸EMD: ₹22,20,000
Auction snapshot
| Possession | — |
| Property type | Land And Building · Residential |
| Locality | Ottapalam |
| Built-up / plot area | 12.25 Ares |
| Lender | Canara Bank |
| Branch | ARM Branch |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Ottapalam, Palakkad by Canara Bank — reserve price ₹2,22,00,000, 12.25 Ares.
Seize the opportunity to own a valuable land and building in Ottapalam, Palakkad through Canara Bank's upcoming auction. This prime property, located in Sy No. 11/1 Shoranur Village, encompasses 12.25 Ares and features a building owned by Mrs. Naseema Usman. With a reserve price of ₹22200000.0 and an EMD of ₹2220000.0, this auction presents a lucrative investment prospect. Don't miss out on acquiring this strategically located property via bank auction property in the heart of Ottapalam, Kerala. This property is ideal for investors looking for commercial plots for sale.
GeoSquare note: The property's location in Ottapalam, Palakkad, offers potential value, though the lack of possession status and detailed auction dates make it a moderately risky investment. The reserve price of ₹22200000.0 requires careful consideration, but the property's land and building could yield good returns with strategic development. Given the lack of information and market conditions, it's rated as a fair option.
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