Land for auction 10 Property: Bank Land Auction in Kannur by Kerala Gramin Bank

This auction features a valuable plot of land located in Uliyil, Kannur, Kerala. Classified under the residential asset category, this land offers significant potential for development or personal use. The property is being auctioned by Kerala Gramin Bank due to loan default by the borrower, Chandran E.M Irimbukuzhiyil. Situated in a sought-after area, this land presents a compelling investment opportunity for those looking to build their dream home or develop a residential project in the vibrant Kannur district. Inspect the site and verify all details before bidding.

Kerala Gramin Bank is conducting a SARFAESI auction for a residential land parcel in Uliyil, Kannur. The auction will take place on August 8, 2025, from 11:00 AM to 2:00 PM. The reserve price for this property is ₹21,00,000, with an Earnest Money Deposit (EMD) of ₹2,10,000 required to participate. This is a prime opportunity to acquire land in a developing area of Kerala. Prospective bidders are advised to conduct their own due diligence regarding the property's legal status, boundaries, and any encumbrances. Don't miss this chance to invest in Kannur's real estate market.