Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613396
Bank Name:Canara Bank
Branch Name:Specialised ARM Branch
Reserve Price:₹68,31,000
EMD:₹6,83,100
Auction Time:11:30 A.M. to 12:30 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-12
Bid Start Date:2025-12-15
Property Description
This auction features a prime piece of real estate in Perambra, Kozhikode, Kerala. The property consists of a Land And Building, categorized as Residential. Ideal for those seeking a home or investment opportunity in a developing area. The property is being auctioned by Canara Bank under SARFAESI rules.
State:Kerala
City:Kozhikode
Area:Perambra
Asset Category:Residential
Full Address:Resurvey No 20/5 and 20/4 (Changed as 20/56, Thandapper No. 332), Kaipram Desam, Eravattur Village, Koyilandy Taluk, Perambra Sub District, Kozhikode District, Perambra, Kozhikode
Size:22.26 Ares
Auction Description
Canara Bank presents a SARFAESI auction for a Land And Building property in Perambra, Kozhikode, Kerala. The auction is scheduled for December 15, 2025, commencing at 11:30 AM and concluding at 12:30 PM. The reserve price is set at ₹68,31,000, with an Earnest Money Deposit (EMD) of ₹6,83,100 required to participate. This is a unique opportunity to acquire property in a sought-after location.
Borrower Name:M/s Kottaram Electronics
Auction Type:SARFAESI Auction
Guarantor Names:Vijayan
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land and building in Perambra, Kozhikode, with a moderate reserve price. While the location is promising, the recommendation is 'Calculated Opportunity' due to the general nature of land investment and the necessity for thorough due diligence.
Contact Details
Branch:Branch Office : Specialised ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no:9188406941
