Land for auction 7 Vayakkara Villa, Payyanur, Kannur by South Indian Bank

Property for Auction in Payyanur, Kannur, Kerala

Property Type IconProperty Type:
Land And Building
Location IconLocation:
Payyanur, Kannur
Auction Date IconAuction Date:
30-07-2025 10:00 AM

Auction Details

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

Important Dates

Submission Date:29-07-2025 05:00 PM

Bid Start Date:30-07-2025 10:00 AM

Property Description

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

Auction Description

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

Contact Details

Branch Cherupuzha Contact No : 9884350131

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