Land for auction 50 Kannadi Villa, Kannadi, Palakkad by Indian Overseas Bank

A total of 12.15 Ares of land located in Kannadi Village, Palakkad Taluk, Palakkad District-678701, Kerala. The property is situated on the Palakkad to Koduvayur Highway. It consists of three parcels: Parcel 1 (4.05 Ares) belonging to Mrs. Nila Ferunnisha, with boundaries: North Property of Chandran, South Properties of Barzana and Raffiya, East Property of Narayanasamy, West: Property of Amala Hospital. Parcel 2 (4.05 Ares) belonging to Mrs. S Barzana, with boundaries: North: Property of Nila Ferunnisha, South: Property of Amala Hospital, East: Property of Raffiya, West: Property of Amala Hospital. Parcel 3 (4.05 Ares) belonging to Mrs.S. Raffiya, with boundaries: North: Property of Nila Ferunnisha, South Property of Amala Hospital, East: Property of Narayanasamy. West: Property of Barzana. The property falls under Survey Number(s)-S.No.258/4 (O.S.No-405/3), T.P.No.191, Block No.50.

This auction is for a land property located in Kannadi, Palakkad, Kerala, owned by Indian Overseas Bank. The property is situated at Survey Number(s)-S.No.258/4 (O.S.No-405/3), T.P.No.191, Block No.50, on the Palakkad to Koduvayur Highway. The total land extent is 12.15 Ares, comprised of three separate parcels each measuring 4.05 Ares, belonging to Mrs. Nila Ferunnisha, Mrs. S Barzana, and Mrs.S. Raffiya respectively. The auction is conducted under SARFAESI rules with a reserve price of 8,000,000.00 and an EMD of 800,000.00. The auction will be held on 26-02-2025 from 10:30 AM to 12:30 PM.