Land for auction A6 Pappinisseri Villa, Pappinisseri, Kannur by South Indian Bank

Property for Auction in Pappinisseri, Kannur, Kerala

Property Type IconProperty Type:
Land And Building
Location IconLocation:
Pappinisseri, Kannur
Auction Date IconAuction Date:
14-02-2025 11:00 AM

Auction Details

Auction ID:434470

Bank Name:South Indian Bank

Branch Name:REGIONAL OFFICE KANNUR

Reserve Price:4,05,58,000

EMD:40,55,800

Service Provider:bankauctions.in

Important Dates

Submission Date:13-02-2025 05:00 PM

Bid Start Date:14-02-2025 11:00 AM

Property Description

Discover an exceptional investment opportunity with this Land and Building in Pappinisseri, Kannur, Kerala. This property, categorized as Residential, spans across 15.08 Ares and features a substantial built-up area of approximately 726 Sq. mt. Located in a prime area of Pappinisseri Village, this asset offers excellent connectivity and access to essential amenities. Its strategic location within Kannur District provides a blend of peaceful living and urban convenience, making it ideal for families or businesses seeking a well-connected base. The property is well-defined by clear boundaries and offers significant potential for redevelopment or enhancement, promising substantial returns on investment. Don't miss out on the chance to own a valuable asset in a thriving locality.

State:Kerala

City:Kannur

Area:Pappinisseri

Asset Category:Residential

Auction Description

Seize this unique opportunity to acquire a valuable property through a SARFAESI Auction conducted by South Indian Bank. The auction features a Land and Building located in Pappinisseri, Kannur. The reserve price for this prime asset is set at ₹40,558,000.00, with an Earnest Money Deposit (EMD) of ₹4,055,800.00 required for participation. The auction is scheduled to commence on February 14, 2025, at 11:00 AM and will conclude at 12:00 PM on the same day. To be eligible, ensure your application is submitted by February 13, 2025, before 05:00 PM. For any queries or clarifications, please contact the Authorised Officer at 0497-2713234/2713235. Don't miss this chance to invest in a promising property through a transparent and regulated auction process.

Borrower Name:M/s. Aisha Gold

Auction Type:SARFAESI Auction

Contact Details

Authorised Officer (Tel. No. 0497-2713234/2713235)

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