Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613101
Bank Name:Canara Bank
Branch Name:SPECIALIZED ARM BRANCH, KOZHIKODE
Reserve Price:₹27,84,000
EMD:₹2,78,400
Auction Time:11:30 A.M. to 12:30 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-28
Bid Start Date:2025-11-29
Property Description
This is a residential land and building located in Pantheerankavu, Kozhikode, Kerala. The property is being auctioned by Canara Bank under SARFAESI Act due to loan default by the borrower, Mr. Ossy Raphel. T.J. Ideal for residential use, this asset presents a significant opportunity in a sought-after area.
State:Kerala
City:Kozhikode
Area:Pantheerankavu
Asset Category:Residential
Full Address:Re Sy. No. 61/1A, Pantheerankavu Village, Kozhikode Taluk, Pantheerankavu, Kozhikode
Size:3.941 cents
Auction Description
Canara Bank presents a SARFAESI auction for a residential land and building in Pantheerankavu, Kozhikode, Kerala. The reserve price is set at ₹27,84,000, with an EMD of ₹2,78,400. The auction will take place online on November 29, 2025, from 11:30 AM to 12:30 PM. Interested bidders are advised to review all auction terms and conditions before participating. This is a valuable opportunity to acquire a property in a prime location.
Borrower Name:Mr. Ossy Raphel. T.J
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Sheryl Anita Oswald
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property, a residential land and building in Pantheerankavu, Kozhikode, presents a calculated opportunity. While the location is promising, the price and auction terms warrant careful consideration before investing. This property has moderate investment appeal.
Contact Details
Branch:Branch Office : SPECIALIZED ARM BRANCH, KOZHIKODE
Service Provider:BAANKNET
Contact Details:
Contact no:9188406941
