Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613368
Bank Name:Canara Bank
Branch Name:Specialised ARM Branch
Reserve Price:₹38,76,000
EMD:₹3,87,600
Auction Time:11:30 A.M. to 12:30 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:2024-12-23
Bid Start Date:2024-12-24
Property Description
This bank auction features a prime piece of real estate in Bathery, Wayanad, Kerala. The property comprises a Land And Building, offering significant potential for residential use. Situated in a desirable location, this asset is being auctioned by Canara Bank. The auction presents a unique opportunity to acquire property in the scenic Wayanad district.
State:Kerala
City:Wayanad
Area:Bathery
Asset Category:Residential
Full Address:Survey no 322.330 Re sy no 322/107 of Thomattuchal village, Thomattuchal, Wayanad
Size:12.5 cents
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential Land And Building in Bathery, Wayanad, Kerala. The auction, originally belonging to Mr. Suresh Babu K, has a reserve price of INR 38,76,000 and an EMD of INR 3,87,600. Bidders are advised to review all terms and conditions. The auction will take place on December 24, 2025, commencing at 11:30 AM and concluding at 12:30 PM. Interested parties should ensure they meet all eligibility criteria and submit their bids within the specified timeframe.
Borrower Name:Mr. Suresh Babu K
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
Located in Bathery, Wayanad, this land and building offer potential for residential use. The reserve price is reasonable, but potential investors should consider the rural location and local market conditions before bidding. A calculated approach is advised.
Contact Details
Branch:Branch Office : Specialised ARM Branch
Service Provider:BAANKNET
Contact Details:
Authorised Officer
Contact no:9188406941
