Property for Auction in Payyanur, Kannur, Kerala
Auction ID:536383
Bank Name:South Indian Bank
Branch Name:REGIONAL OFFICE KANNUR
Reserve Price:₹9,05,96,880
EMD:₹90,59,688
Service Provider:bankauctions.in
Submission Date:29-07-2025 05:00 PM
Bid Start Date:30-07-2025 10:00 AM
The property comprises two land parcels in Vayakkara Village, Payyannur Taluk, Kannur District, Kerala, owned by Mr Pandikasalayil Aboobacker. Parcel a) is 1.62 Ares and Parcel b) is 41.27 Ares (43.47 Ares as per actual possession) with a building under construction. Both parcels include all constructions, improvements, and easementary rights. Specific boundaries for each parcel are detailed in the auction description, including adjacent properties and roads.
State:Kerala
City:Kannur
Area:Payyanur
Asset Category:Residential
This is a SARFAESI auction conducted by South Indian Bank for a property located in Payyanur, Kannur, Kerala. The property includes land and a building, owned by Mr Pandikasalayil Aboobacker. The auction is scheduled for July 30, 2025, from 10:00 AM to 11:00 AM. The reserve price is 90596880.00 and the EMD is 9059688.00. The property consists of two land parcels: one admeasuring 1.62 Ares and another admeasuring 41.27 Ares (or 43.47 Ares as per actual possession), along with existing and appurtenant constructions and improvements. Detailed boundaries for both parcels are provided in the description.
Borrower Name:Mr Pandikasalayil Aboobacker
Auction Type:SARFAESI Auction
Branch Cherupuzha Contact No : 9884350131