Land for auction 2 Ottapalam, Palakkad by Canara Bank

This offering is for a Land and Building property located in Ottapalam, Palakkad, Kerala. Situated in a key area, this residential asset provides a solid investment or personal use opportunity. The property is being auctioned by Canara Bank under the SARFAESI Act, representing a direct acquisition from the bank. The location in Palakkad district is known for its accessibility and growing infrastructure, making it an attractive real estate prospect. Details regarding the specific size and dimensions of the land and building will be available in the comprehensive auction documents. This is a prime chance to own a significant asset in Kerala.

Canara Bank presents a SARFAESI auction for a prime residential property in Ottapalam, Palakkad, Kerala. The auction features a valuable land and building asset previously owned by M/s Rubber O Malabar Products Private Ltd. This is a significant opportunity to acquire a property in a desirable location. The reserve price is set at ₹2,47,00,000, with an Earnest Money Deposit (EMD) of ₹24,70,000. The auction will be conducted online on August 26, 2025, starting at 10:30 AM and concluding at 11:30 AM. Don't miss this chance to bid on a substantial property.