Land for auction 35 I.G.C. Thalassery Kannur by Indian Overseas Bank

This auction features a significant plot of land located in Thalassery, Kannur, Kerala. Classified as a residential asset, this property offers potential for various development opportunities. Situated in a key locality, it presents an attractive proposition for investors and developers. The property belongs to M/s Silverstream Plastics, and its sale is being conducted by Indian Overseas Bank under SARFAESI provisions.

Indian Overseas Bank presents a SARFAESI auction for land in Thalassery, Kannur, Kerala. The auction for the property of M/s Silverstream Plastics will be held on August 20, 2025, from 11:00 AM to 02:00 PM. The reserve price is set at INR 2,68,75,000, with an Earnest Money Deposit (EMD) of INR 26,87,500 required to participate. This is a prime opportunity to acquire land in a well-connected area.