Land for Auction Alakode Village Kannur 16.8 Lakh by Kerala Gramin Bank 20 Jul 2026
Alakode Village, Kannur
Area: 55 Cents
Alakode Village, Kannur (Dt) - 670571
Kerala Gramin Bank · REGIONAL OFFICE : KANNUR-1
Reserve price
₹16,82,000
EMD ₹1,68,200
Auction date
20 Jul 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 55 Cents
- ▸Locality: Alakode Village
- ▸Reserve: ₹16,82,000
- ▸EMD: ₹1,68,200
Auction snapshot
| Possession | Symbolic |
| Property type | Land · Residential |
| Locality | Alakode Village |
| Built-up / plot area | 55 Cents |
| Lender | Kerala Gramin Bank |
| Branch | REGIONAL OFFICE : KANNUR-1 |
| Unit / flat no. | Sy.No.53/1A |
| Auction type | Private Property |
| Service provider | bankeauctions.com / C1 India |
About this property
Land bank auction in Alakode Village, Kannur by Kerala Gramin Bank — reserve price ₹16,82,000, 55 Cents, Symbolic possession.
Discover a prime investment opportunity with this 55 cents land parcel available through a bank e-auction by Kerala Gramin Bank. Located in the serene Alakode Village, Kannur District, Kerala, this plot is ideal for residential or agricultural development. The property, identified by Sy.No.53/1A, boasts clear boundaries and offers a chance to acquire a valuable asset below market rates. With a reserve price of ₹1,682,000 and an EMD of ₹168,200, this bank auction property presents a strategic acquisition for investors or individuals seeking land in Kannur. Participate in the e-auction on July 20, 2026, and secure this promising plot for sale.
GeoSquare note: This land parcel in Alakode, Kannur, offers a fair investment option due to its category as 'Land' and the potential for appreciation in a rural/semi-urban setting in Kerala. The reserve price appears reasonable for 55 cents. While the possession status is symbolic, which carries some risk, the detailed boundaries and direct bank auction make it a plausible opportunity for those seeking long-term investment or development. The location in Alakode, while not a major city center, provides tranquility and scope for growth.
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