Land for auction 3 Taliparamba Villa, Taliparamba, Kannur by South Indian Bank

Discover an exceptional land opportunity in the heart of Taliparamba, Kannur District, Kerala, offered through a South Indian Bank auction. This expansive property spans approximately 194 Cents, a considerable size providing ample scope for development. Situated in a well-connected area, it benefits from the established infrastructure of Taliparamba, known for its growing economic activity and scenic beauty. The parcel comes with existing buildings and constructions, offering a potential head start for any redevelopment project. This asset, formerly owned by Mr. O.V. Sreedharan, is legally documented through registered Jenmam Deeds and a Purchase Certificate, ensuring a clear title for the prospective buyer. Its classification as a residential asset suggests suitability for housing projects, gated communities, or mixed-use developments, tapping into the region's demand for quality living spaces and amenities. The strategic location within Kannur District further enhances its appeal, promising future appreciation.

This upcoming SARFAESI auction presents a unique opportunity to acquire a substantial parcel of land in the thriving region of Taliparamba, Kannur District, Kerala. The auction, facilitated by South Indian Bank and managed by bankauctions.in, offers a prime plot measuring approximately 194 Cents. This land, along with existing structures and improvements, holds significant development potential, suitable for various residential or commercial ventures given its generous acreage. The reserve price is set at ₹10,22,56,000, with an Earnest Money Deposit (EMD) of ₹1,02,25,600 required to participate. Bidders must ensure their applications are submitted by 5:00 PM on July 30, 2025. The auction will be conducted online on July 31, 2025, running from 10:30 AM to 11:30 AM. For further inquiries, potential buyers can reach out to the provided contact numbers.