Land for auction 17 A3 with residential building of Kedavoor, Thamarassery, Kozhikode b...

Located in the vibrant Thamarassery area of Kozhikode, Kerala, this property encompasses 17.099 Ares of land, featuring a residential building. The land is situated in Kedavoor Village, Pallipuram Desom, within the Thamarassery Taluk and SRO. The property's boundaries are clearly defined, with neighbors including Ummer Master to the north, Moosakutty to the south, a river to the west, and Nazar & a road to the east. This strategic location offers potential benefits derived from its proximity to local amenities and the natural riverfront. The asset category is residential, making it suitable for personal housing or development. The parcel of land, combined with the existing building, represents a solid foundation for a new owner to renovate, develop, or simply enjoy the space. This offering is ideal for first-time buyers or investors seeking properties in the growing Kozhikode district, providing a chance to invest in a well-situated plot with existing structures.

This auction presents a compelling opportunity to acquire a residential property in Thamarassery, Kozhikode, through a SARFAESI auction conducted by Canara Bank. The bidding process will commence on July 31, 2025, at 11:30 AM and conclude at 12:30 PM on the same day. Prospective buyers are required to submit their applications by July 30, 2025, at 4:00 PM. A crucial aspect of participation is the Earnest Money Deposit (EMD) of ₹7,50,000, which must be submitted along with the application. The reserve price for this property is set at ₹75,00,000. For any queries regarding the auction or the property, interested parties can contact the bank directly at 04842353072 or 04842353071. This auction provides a transparent and regulated platform for acquiring property directly from the bank, offering a potential avenue for significant value.