Property for Auction in Akathethara, Palakkad, Kerala
Auction ID:593516
Bank Name:Canara Bank
Branch Name:SPECIALIZED ARM BRANCH, KOZHIKODE
Reserve Price:₹91,80,000
EMD:₹9,18,000
Service Provider:BAANKNET
Submission Date:30-10-2025 05:00 PM
Bid Start Date:31-10-2025 11:30 AM
This offering presents a prime parcel of land located in Akathethara, Palakkad, Kerala. Situated in a developing area, this residential plot offers a solid investment opportunity. The property is being auctioned by Canara Bank as part of a SARFAESI auction. Its location in Palakkad provides access to local amenities and future growth potential. This is a direct opportunity to acquire land in a sought-after region of Kerala.
State:Kerala
City:Palakkad
Area:Akathethara
Asset Category:Residential
Canara Bank is conducting a SARFAESI auction for a valuable land parcel in Akathethara, Palakkad, Kerala. The auction is scheduled to commence on October 31, 2025, at 11:30 AM and will conclude at 12:30 PM on the same day. The reserve price for this auction is ₹91,80,000, with an Earnest Money Deposit (EMD) of ₹9,18,000 required to participate. This is a significant opportunity for prospective buyers to acquire the property formerly mortgaged by Manikandan A. Interested parties are advised to review all auction terms and conditions thoroughly.
Borrower Name:Manikandan A
Auction Type:SARFAESI Auction
Ph No ; 9188406941