Property for Auction in Alathur, Palakkad, Kerala
Auction ID:548244
Bank Name:Canara Bank
Branch Name:SPECIALIZED ARM BRANCH, KOZHIKODE
Reserve Price:₹42,00,000
EMD:₹4,20,000
Service Provider:BAANKNET
Submission Date:12-08-2025 04:00 PM
Bid Start Date:13-08-2025 11:30 AM
This offering presents a compelling opportunity to purchase land and a building in Alathur, Palakkad, Kerala. Situated in a desirable location, this residential asset, formerly belonging to Mr. Mathai EV, is being auctioned by Canara Bank under SARFAESI regulations. The property is ideal for those looking to own a piece of Palakkad's growing landscape. With a substantial land component and existing building structure, it holds potential for various uses. Seize this chance to own a property in a prime Kerala locale.
State:Kerala
City:Palakkad
Area:Alathur
Asset Category:Residential
Canara Bank is pleased to announce a SARFAESI auction for a residential property located in Alathur, Palakkad, Kerala. This is a fantastic opportunity to acquire land and a building in a well-regarded area. The auction will take place on August 13, 2025, from 11:30 AM to 12:30 PM. The reserve price for this valuable asset is INR 42,00,000, with an Earnest Money Deposit (EMD) of INR 4,20,000 required to participate. Don't miss this chance to invest in Palakkad's real estate market. Contact Canara Bank for further details.
Borrower Name:Mr. Mathai EV
Auction Type:SARFAESI Auction
Ph: 9188406941