Land for auction Akambadam Village Nilambur 14 lakh Canara Bank

This auction features a prime parcel of land located in the scenic Nilambur Taluk of Malappuram, Kerala. Ideal for residential development, this asset offers a unique opportunity in a growing region. The property is being auctioned by Canara Bank under the SARFAESI Act.

Canara Bank presents a SARFAESI auction for a residential land parcel in Nilambur Taluk, Malappuram, Kerala. The bidding starts with a reserve price of INR 14,40,000 and requires an Earnest Money Deposit (EMD) of INR 1,44,000. The auction will take place on October 31, 2025, commencing at 11:30 AM and concluding at 12:30 PM. This is a direct opportunity to acquire valuable real estate formerly associated with M/s Olive Trading.