Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613388
Bank Name:Canara Bank
Branch Name:Specialised ARM Branch
Reserve Price:₹50,70,000
EMD:₹5,07,000
Auction Time:11:00 A.M. to 12:00 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:28-11-2025
Bid Start Date:29-11-2025
Property Description
A valuable land and building property located in the prime area of Kondotty, Malappuram, Kerala. This residential asset is being auctioned by Canara Bank. The property offers a great opportunity for investment or personal use in a developing region. Detailed site inspection is recommended.
State:Kerala
City:Malappuram
Area:Kondotty
Asset Category:Residential
Full Address:Re Sy No. 96/3-96, Block No. 8, at Pulikkal Village, Kondotty Taluk, Pulikkal Village, Malappuram
Size:21.48 Cents
Auction Description
Canara Bank is conducting a SARFAESI auction for a land and building property in Kondotty, Malappuram. The auction will take place on November 29, 2025, from 11:00 AM to 12:00 PM. The reserve price is ₹50,70,000, with an Earnest Money Deposit (EMD) of ₹5,07,000. This is a significant opportunity to acquire property through a transparent auction process.
Borrower Name:Mr. Abdul Nazar M P
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Sajtha PK, Mr. Moosa Haji MP
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
Located in Kondotty, Malappuram, this residential land and building presents a calculated opportunity. While the location is not a major metropolitan area, the reserve price of ₹5070000 offers potential value. Prospective buyers should conduct thorough due diligence.
Contact Details
Branch:Branch Office : Specialised ARM Branch
Service Provider:BAANKNET
Contact Details:
Authorised Officer
Contact no:9188406941
