Land for auction 2 Desom and Villa Thamarassery Kozhikode by Canara

This exceptional land parcel, spanning a generous 20.23 Ares (equivalent to 50 cents), presents a remarkable investment opportunity in the highly sought-after Thamarassery Town Sub-District of Kozhikode, Kerala. Located in the serene Nellipoyli Amsom, Desom, and Village, this residential asset is ideally suited for new property buyers looking to construct their dream home or embark on a valuable development project. The plot's strategic positioning within Kozhikode District offers both tranquility and convenient access to local amenities and infrastructure. Bounded by established properties to the North, South, East, and West, this well-defined plot ensures clarity of boundaries. Its substantial size provides ample scope for spacious residential layouts, potentially accommodating a large family residence with extensive gardens or even multiple dwelling units, catering to the growing demand in this vibrant region. This offering represents a rare chance to acquire significant land in a promising location.

Prospective buyers keen on navigating the bank auction landscape will find this Canara Bank SARFAESI auction an accessible entry point. The property, with a Reserve Price of INR 2,900,000.00 and an Earnest Money Deposit (EMD) of INR 290,000.00, offers a transparent acquisition process. The e-auction is scheduled for July 23, 2025, commencing at 11:30 AM and concluding at 12:30 PM, with the crucial application submission deadline set for July 22, 2025, at 04:00 PM. All interested parties are strongly advised to conduct thorough due diligence on the property and review the complete terms and conditions of sale. Further inquiries and assistance regarding the auction process, property inspection, or document verification can be directed to the Authorized Officer at Canara Bank, SPECIALIZED ARM BRANCH, KOZHIKODE, via email at [email protected] or by phone at 9188406941. This is a streamlined opportunity managed by service provider BAANKNET.