Property for Auction in Manjeri, Malappuram, Kerala
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613631
Bank Name:Central Bank of India
Branch Name:KOCHI REGIONAL OFFICE
Reserve Price:₹1,31,21,000
EMD:₹13,13,000
Service Provider:BAANKNET
Submission Date:14-12-2025 05:00 PM
Bid Start Date:15-12-2025 10:00 AM
This offering presents a compelling opportunity to acquire a Land and Building property situated in Manjeri, Malappuram, Kerala. The asset, formerly associated with Mr. Shaiju P. P, is being auctioned by the Central Bank of India under the SARFAESI Act. The property is categorized as residential, making it suitable for a variety of uses. Located in a developing area, it offers potential for capital appreciation and personal use. The location benefits from the amenities and infrastructure of Manjeri town.
State:Kerala
City:Malappuram
Area:Manjeri
Asset Category:Residential
Full Address:Re Sy.no. 65/1in Thrikkalangode village, Emad Taluk, Thrikkalangode village, Manjeri
Size:4.05 Ares
Central Bank of India is conducting a SARFAESI auction for a Land and Building property in Manjeri, Malappuram, Kerala. The auction has a reserve price of INR 1,31,21,000 and requires an Earnest Money Deposit (EMD) of INR 13,13,000. The auction will commence on December 15, 2025, at 10:00 AM and conclude at 06:00 PM on the same day. Interested bidders are advised to carefully review all auction terms and conditions and conduct their due diligence prior to participation. This is a unique chance to acquire a property in a strategic location.
Borrower Name:Mr. Shaiju P. P
Auction Type:SARFAESI Auction
Guarantor Names:Suseela N.P.
The property is a land and building located in Manjeri, which could be a good investment depending on the local market. The reserve price and EMD are significant, requiring careful evaluation. It represents a calculated opportunity due to its location and potential.
Branch:Branch Office : KOCHI REGIONAL OFFICE
Service Provider:BAANKNET
Contact Details:
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