Land for auction 1 Desom and Villa, Mukkam, Kozhikode by Canara Bank

This exceptional land parcel, spanning a generous 60.69 Ares (equivalent to 150 cents), presents a remarkable opportunity for aspiring homeowners or astute investors in the picturesque Kozhikode District of Kerala. Strategically located in the serene Koodaranhi Amsom, Desom and Village of Mukkom Sub-District, this residential plot offers ample space for constructing a bespoke dream home or embarking on a significant development project. A key advantage is its direct road frontage, as indicated by the northern boundary, ensuring excellent accessibility and connectivity. The clear demarcation of boundaries, including properties to the south and east, confirms its defined scope within an established locality. With its substantial size and prime location, this land parcel holds immense potential for capital appreciation and offers a tranquil yet accessible setting for a thriving residential lifestyle. It represents a rare and compelling chance to acquire a significant land asset in a desirable and growing part of Kerala, ideal for long-term vision.

This Canara Bank SARFAESI auction presents a transparent and well-defined process for acquiring this valuable land in Mukkam, an ideal entry point for new property buyers. The auction's Reserve Price is set at ₹14,300,000.00, requiring an Earnest Money Deposit (EMD) of ₹1,430,000.00 to participate. This EMD is fully refundable to unsuccessful bidders, mitigating initial risk. Prospective buyers must note the e-auction date: July 23, 2025, running from 11:30 AM to 12:30 PM. It is critical to adhere to the application submission deadline of July 22, 2025, by 04:00 PM. New buyers are strongly advised to undertake comprehensive due diligence, including a physical site inspection and a thorough legal review of the property documents. For inquiries or application submissions, the Authorized Officer at Canara Bank’s SPECIALIZED ARM BRANCH, Kozhikode, can be reached at [email protected] or +9188406941. Prudent preparation is key to navigating this excellent opportunity successfully.