Land for Auction Ayyankunnu Kannur 46 Lakh by Punjab National Bank 29 Jun 2026
Ayyankunnu, Kannur
Area: 0.4047 Hectares
Provisional Survey No. 1293, Ayyankunnu Amsom, Ayyankunnu Desom, Iritty Taluk, Kannur District, Kerala
Punjab National Bank · Stressed Asset Management Department
Reserve price
₹46,00,000
EMD ₹4,60,000
Auction date
29 Jun 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 0.4047 Hectares
- ▸Locality: Ayyankunnu
- ▸Reserve: ₹46,00,000
- ▸EMD: ₹4,60,000
Auction snapshot
| Possession | Symbolic |
| Property type | Land · Residential |
| Locality | Ayyankunnu |
| Built-up / plot area | 0.4047 Hectares |
| Lender | Punjab National Bank |
| Branch | Stressed Asset Management Department |
| Unit / flat no. | Provisional Survey No. 1293 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹25,000 |
| Service provider | BAANKNET |
About this property
Land bank auction in Ayyankunnu, Kannur by Punjab National Bank — reserve price ₹46,00,000, 0.4047 Hectares, Symbolic possession.
Discover a prime bank auction property: a substantial residential land parcel totaling 0.4047 Hectares (100 Cents) complete with a residential building. This valuable asset is located at Provisional Survey No. 1293, in Ayyankunnu Amsom, Ayyankunnu Desom, Iritty Taluk, Kannur District, Kerala. Offered by Punjab National Bank, the e-auction features a competitive reserve price of ₹46,00,000 and an Earnest Money Deposit (EMD) of ₹4,60,000. Bid increments are set at ₹25,000. The auction is scheduled for June 29, 2026, from 11:00 AM to 5:00 PM, with the last EMD submission date on June 28, 2026. This property boasts NIL known encumbrances, although possession is symbolic. A fantastic opportunity for investors or homeowners seeking land with a building for sale in the Kannur region.
GeoSquare note: This property is a strong buy due to its considerable land size (0.4047 Hectares) with an existing residential building in a well-defined locality within Kannur District. The absence of known encumbrances is a significant advantage, enhancing its investment appeal. Despite the symbolic possession status, the attractive reserve price of ₹46,00,000 makes this a compelling opportunity for prospective buyers looking for residential land in Kerala.
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