Land for auction 1 Vayakkara Villa, Payyanur, Kannur by South Indian Bank

The property consists of two land parcels. Parcel A, measuring 1.62 Ares (0.81 Ares + 0.81 Ares), is situated in Old Sy.Nos. 149/1A1 & 149/1A2, Re.Sy.No. 136/7, New Re.Sy.No.136/101 of Vayakkara Village, Payyannur Taluk, Kannur District. It includes all constructions, improvements, and easementary rights. Boundaries are: North: Bus Stand, East: Property of Paleri Padmanabhan and Others, South: Road, West: Property of Marathankoval Damodaran. Parcel B, measuring 41.27 Ares (24 Ares + 17.27 Ares) with actual possession of 43.47 Ares, is located in Old Sy. No. 143, Re.Sy.No.135/1 & 135/2 of Vayakkara Village, Payyannur Taluk, & Kannur District. This parcel includes an under-construction building and all associated rights. Boundaries are: North: Pathway, Road and Bus Stand, East: Property of Narayanan, Vinod, Muthappan Temple and Bus Stand, South: Property of Damodharan, Aboobacker, Sasi, Road and Bus Stand, West: Road and Property of Thayale Purayil Karthayani and Others. The property is categorized as Residential.

This is a SARFAESI auction conducted by South Indian Bank for a Land And Building property in Payyanur, Kannur, Kerala. The property belongs to Mr Pandikasalayil Aboobacker. The auction has a reserve price of 100,663,200.00 and an EMD of 10,066,320.00. The auction is scheduled for May 31, 2025, from 10:00 AM to 11:00 AM. The property comprises two parcels of land with detailed descriptions and boundaries provided in the sale notice. The first parcel is 1.62 Ares and the second is 41.27 Ares (actual possession 43.47 Ares) with an under-construction building. The property is located in Vayakkara Village, Payyannur Taluk. The service provider is bankauctions.in.