Property for Auction in Ottapalam, Palakkad, Kerala
Auction ID:469813
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE: ERNAKULAM
Reserve Price:₹74,64,000
EMD:₹7,46,400
Service Provider:BAANKNET
Submission Date:27-03-2025 05:00 PM
Bid Start Date:29-03-2025 11:00 AM
The property consists of 94.44 ares of land located in Shomur 1 Village and Shoranur Il Village, within Ottapalam Taluk, Palakkad District, Kerala. The specific survey numbers are 7/3, 7/4, 7/5 of Shomur 1 Village and 14/5, 14/8, 14/9 in Shoranur Il Village. The property is bounded by Mana and others' property to the north, railway property to the south, a 'Thodu' (water stream/canal) to the east, and a narrow road to the west.
State:Kerala
City:Palakkad
Area:Ottapalam
Asset Category:Residential
This is a SARFAESI Auction for a piece of land in Ottapalam, Palakkad, Kerala, by Canara Bank. The property spans 94.44 ares across survey numbers 7/3, 7/4, 7/5 of Shomur 1 Village and 14/5, 14/8, 14/9 in Shoranur Il Village. It is bordered by property of Mana and others to the North, Railway Property to the South, Thodu to the East, and a Narrow Road to the West. The reserve price is 74,64,000.00 with an EMD of 7,46,400.00. The auction will be conducted by BAANKNET from the Regional Office in Ernakulam. The auction starts on March 29, 2025, at 11:00 AM and ends at 02:00 PM on the same day. Applications must be submitted by March 27, 2025, at 05:00 PM. The borrower is Rubber O Malabar Products Private Limited.
Borrower Name:Rubber O Malabar Products Private Limited
Auction Type:SARFAESI Auction
Contact no:8281990082