Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611509
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹89,00,000
EMD:₹8,90,000
Service Provider:BAANKNET
Important Dates
Submission Date:24-11-2025 05:00 PM
Bid Start Date:25-11-2025 10:30 AM
Property Description
This offering features a valuable Land and Building asset located in Palakkad, Kerala. Situated in the Palakkad area, this residential property presents a unique opportunity for investment or personal use. The property is part of a SARFAESI auction conducted by Canara Bank.
State:Kerala
City:Palakkad
Area:Palakkad
Asset Category:Residential
Full Address:Re Sy No: 25,26,27 of Palakkad 1 Village, Palakkad Taluk, Palakkad District, Palakkad 1 Village, Palakkad
Size:8.93 ares
Auction Description
Canara Bank is holding a SARFAESI auction for a Land and Building property in Palakkad, Kerala. The auction will take place on November 25, 2025, commencing at 10:30 AM and concluding at 11:30 AM. The reserve price for this auction is ₹89,00,000, with an Earnest Money Deposit (EMD) of ₹8,90,000 required. The property is associated with the borrower M/s Balya Cements Private Ltd.
Borrower Name:M/s Balya Cements Private Ltd
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land and building in Palakkad, offered at a reserve price of ₹8,900,000. Given its location and type, it presents a reasonable opportunity, though further due diligence is recommended.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
