Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613552
Bank Name:Canara Bank
Branch Name:Kannur
Reserve Price:₹96,90,000
EMD:₹9,69,000
Auction Time:1.00 PM to 1.30 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-27
Bid Start Date:2025-11-29
Property Description
This offering presents a prime opportunity to acquire a land and building asset in the scenic locale of Mananthavady, Wayanad, Kerala. Situated in a developing area, this residential property is part of a SARFAESI auction conducted by Canara Bank. The property is identified under borrower Mr. Kunjimoosa K T. This is an excellent chance for investors or individuals looking to own a piece of Wayanad's natural beauty and growing infrastructure.
State:Kerala
City:Wayanad
Area:Mananthavady
Asset Category:Residential
Full Address:Re-Survey No. 57/1, Block No. 55, TP No. 1154, Panamaram Desom and Amsom, Manathavady Taluk, Panamaram Sub-District, Wayand District, Panamaram, Mananthavady
Size:0.0506 Hrs
Auction Description
Canara Bank is holding a SARFAESI auction for a valuable land and building property in Mananthavady, Wayanad, Kerala. The auction will commence on November 29, 2025, at 11:00 AM and conclude at 11:30 AM on the same day. The reserve price for this asset is set at ₹96,90,000, with an Earnest Money Deposit (EMD) of ₹9,69,000 required to participate. Don't miss this limited-time opportunity to bid on this unique property.
Borrower Name:Mr Kunjimoosa k T
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land and building in Mananthavady, offered at a reasonable reserve price. While the location is attractive, the details are limited, suggesting a 'Calculated Opportunity'. Further due diligence is recommended before bidding.
Contact Details
Branch:Branch Office : Kannur
Service Provider:BAANKNET
Contact Details:
The Manager
Contact no:8289897405
