Land for auction 3 Property-1: Thalassery, Kannur by Canara

A residential Land and Building property located in Thalassery, Kannur, Kerala. Formerly mortgaged to Canara Bank by Mr. Hussain K.P, this asset is now being auctioned under SARFAESI. The property offers potential for residential use or development. Situated in Kannur, a significant city in Kerala, it benefits from the region's growing infrastructure and connectivity. Details regarding the specific size, construction, and amenities of the land and building are available upon request or during the inspection period. Interested parties should verify all property details and legal aspects before participating in the auction.

Canara Bank presents a SARFAESI auction for a Land and Building property in Thalassery, Kannur, Kerala. The auction will be held on August 20, 2025, from 11:30 AM to 12:30 PM. The reserve price is ₹38,70,000 with an Earnest Money Deposit (EMD) of ₹3,87,000. This is an excellent opportunity to acquire a residential property in a prime location. Prospective bidders are advised to conduct their own due diligence regarding the property's condition, legal status, and any encumbrances.