Property for Auction in Nilambur Taluk, Malappuram, Kerala
Auction ID:550217
Bank Name:Canara Bank
Branch Name:Specialised ARM Branch
Reserve Price:₹20,70,000
EMD:₹2,07,000
Service Provider:BAANKNET
Submission Date:16-08-2025 05:00 PM
Bid Start Date:17-08-2025 11:00 AM
This property, located in the Nilambur Taluk of Malappuram district, Kerala, comprises both land and a building. It is categorized as a residential asset. The property is being auctioned by Canara Bank under the SARFAESI Act due to a default by the borrower, Mr. Mohammed Shereef Chakkala Parambi. Situated in a key area, this land and building offer potential for residential use or investment. Further details regarding the specific size, condition, and amenities of the property are available upon inquiry for interested bidders.
State:Kerala
City:Malappuram
Area:Nilambur Taluk
Asset Category:Residential
Canara Bank presents a SARFAESI auction for a residential property in Nilambur Taluk, Malappuram, Kerala. The auction features a Land and Building asset belonging to Mr. Mohammed Shereef Chakkala Parambi. The reserve price is set at INR 20,70,000 with an Earnest Money Deposit (EMD) of INR 2,07,000. This is a prime opportunity to acquire a property in a desirable location. The auction will be held online on August 17, 2025, from 11:00 AM to 12:00 PM. Don't miss this chance to invest.
Borrower Name:Mr. Mohammed Shereef Chakkala Parambi
Auction Type:SARFAESI Auction
Contact Authorized Officer, ARM Branch, Kozhikode Ph: 9188406941