Property for Auction in Nilambur Taluk, Malappuram, Kerala
Auction ID:550865
Bank Name:Canara Bank
Branch Name:ARM BRANCH, KOZHIKODE
Reserve Price:₹22,50,000
EMD:₹2,25,000
Service Provider:Public Auction
Submission Date:19-08-2025 05:00 PM
Bid Start Date:20-08-2025 11:30 AM
This auction features a plot of residential land located in Nilambur Taluk, within the Malappuram district of Kerala. The property is offered by Canara Bank as part of a SARFAESI action. Situated in a desirable area, this land presents a significant opportunity for development or personal use. Its location in Nilambur Taluk provides access to the amenities and natural beauty characteristic of the Malappuram region.
State:Kerala
City:Malappuram
Area:Nilambur Taluk
Asset Category:Residential
Canara Bank invites bids for a SARFAESI auction of residential land in Nilambur Taluk, Malappuram, Kerala. The property is associated with borrower M/s. Madathil Metals. The auction will commence on August 20, 2025, at 11:30 AM and conclude at 12:30 PM on the same day. The reserve price is set at ₹22,50,000, with an Earnest Money Deposit (EMD) of ₹2,25,000 required to participate. This is a valuable opportunity to acquire land in a well-known region of Kerala.
Borrower Name:M/s. Madathil Metals
Auction Type:SARFAESI Auction
Contact Number :9188406941