Land for auction 148 Perakamanna Villa, Perakamanna, Malappuram by Canara Bank

Nestled in the promising locale of Perakamanna, Malappuram, Kerala, this property offers a unique chance for astute buyers. The parcel encompasses 13.53 cents of land, an ample expanse that includes a residential building and associated improvements, making it an ideal candidate for a family home or a valuable investment. The property's boundaries are clearly defined, with access to a road on the north, and bordered by properties owned by Muhammed Kutty on the south and east, and Fathima along with a road on the west. This residential asset, located in RS No. 148/12 of Perakamanna Village, Emadu Taluk, presents a blend of accessibility and potential for enhancement. The Malappuram district is known for its growing infrastructure and vibrant community, offering a good quality of life and promising returns for property investors seeking to establish a presence in this region of Kerala.

This SARFAESI auction, conducted by Canara Bank through their service provider BAANKNET, presents a compelling opportunity to acquire a residential property located in Perakamanna, Malappuram, Kerala. The auction is scheduled to commence on July 31, 2025, with bidding open from 11:30 AM to 12:30 PM. A crucial deadline for application submission is July 30, 2025, by 4:00 PM. The property, identified as Item 2, comprises 13.53 cents of land featuring a residential building and other improvements. It is situated in RS No. 148/12 of Perakamanna Village, Emadu Taluk. The reserve price for this asset is set at ₹37,80,000, with an Earnest Money Deposit (EMD) of ₹3,78,000 required to participate. Prospective buyers are advised to carefully review the sale notice and property boundaries as detailed in the auction listing to understand the full scope of this acquisition.