Representative illustration — Land And Building bank auction in Payyoli Village, Meladi Desom
Representative illustration — not the actual property photograph.
Land And Building Residential Symbolic possession Strong Buy

Land and Building for Auction Payyoli Village Meladi Desom Kozhikode 12.5 Lakh by Punjab National Bank 29 Jun 2026

Payyoli Village, Meladi Desom, Kozhikode

Area: 6.50 cents

Survey No.21/3 Re Survey No.8/1A, Payyoli Village, Meladi Desom, Koyilandy Taluk, Kozhikode District

Punjab National Bank · Stressed Asset Management Department

Reserve price

₹12,47,000

EMD ₹1,24,700

Auction date

29 Jun 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 6.50 cents
  • Locality: Payyoli Village, Meladi Desom
  • Reserve: ₹12,47,000
  • EMD: ₹1,24,700

Auction snapshot

PossessionSymbolic
Property typeLand And Building · Residential
LocalityPayyoli Village, Meladi Desom
Built-up / plot area6.50 cents
LenderPunjab National Bank
BranchStressed Asset Management Department
Unit / flat no.Survey No.21/3 Re Survey No.8/1A
Auction typeSARFAESI Auction
Bid increment₹10,000
Service providerBAANKNET

About this property

Land And Building bank auction in Payyoli Village, Meladi Desom, Kozhikode by Punjab National Bank — reserve price ₹12,47,000, 6.50 cents, Symbolic possession.

An excellent opportunity to acquire a bank auction property for sale in Kozhikode, Kerala. This residential 'Land and Building' spans 6.50 cents (2.632 Ares) in Survey No.21/3 Re Survey No.8/1A, located in the serene Payyoli Village, Meladi Desom, Koyilandy Taluk. Offered by Punjab National Bank, this property comes with a reserve price of ₹12,47,000 and an EMD of ₹1,24,700. The e-auction is scheduled for June 29, 2026, from 11:00 AM to 05:00 PM. With symbolic possession and no known encumbrances, this 'residential property for sale in Kozhikode' is ideal for those seeking a valuable investment or a new home. Don't miss this 'land auction in Koyilandy' by Punjab National Bank.

GeoSquare note: This property represents a strong buying opportunity due to its location in Payyoli Village, Meladi Desom, Kozhikode, a developing area in Kerala. The reasonable reserve price of ₹12,47,000 for a 6.50 cents land and building parcel makes it attractive. Despite being under symbolic possession, the clear status of 'NIL' encumbrances enhances its investment appeal for prospective buyers looking for residential properties.

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