Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613550
Bank Name:Canara Bank
Branch Name:Kannur
Reserve Price:₹45,20,000
EMD:₹4,52,000
Auction Time:11.00 AM to 11.30 AM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-27
Bid Start Date:2025-11-29
Property Description
This offering features a valuable Land and Building asset located in the scenic Vythiri region of Wayanad, Kerala. The property is part of a SARFAESI auction conducted by Canara Bank. Ideal for residential purposes, this asset presents a unique opportunity in a sought-after location.
State:Kerala
City:Wayanad
Area:Vythiri
Asset Category:Residential
Full Address:Re.Sy No. 497/6, Thekkumthra P O, Vengapally Village, Vythiri Taluk, Vythiri, Wayanad
Size:12 cents
Auction Description
Canara Bank is pleased to announce a SARFAESI auction for a Land and Building property in Vythiri, Wayanad, Kerala. The auction, held on November 29, 2025, from 11:00 AM to 11:30 AM, has a reserve price of INR 45,20,000 and an Earnest Money Deposit (EMD) of INR 4,52,000. This is a prime opportunity to acquire a residential asset formerly belonging to Mr. Late Vineeth C.
Borrower Name:Mr Late Vineeth C
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Chandran
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property represents a calculated opportunity due to its location in Vythiri, a popular area in Wayanad. While the reserve price seems reasonable for the land and building, potential investors should conduct thorough due diligence. The auction terms are standard, requiring a significant EMD.
Contact Details
Branch:Branch Office : Kannur
Service Provider:BAANKNET
Contact Details:
Chief Manager
Contact no:9446184753
