Representative illustration — Land bank auction in Balussery
Representative illustration — not the actual property photograph.
Land Residential Physical possession Fair Option

Land for Auction Balussery Kozhikode 40.7 Lakh by Cholamandalam Investment and Finance Company Limited 16 Jun 2026

Balussery, Kozhikode

Area: 8.009 Ares

Ole Survey No 7/7, Re Survey No 11/3 (11/56 As Per Revenue Records), Thandapper No 2240

Cholamandalam Investment And Finance Company Limited · Chennai

Reserve price

₹40,68,550

EMD ₹4,06,855

Auction date

16 Jun 2026, 02:00 PM

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Quick read

  • Possession: Physical
  • Area: 8.009 Ares
  • Locality: Balussery
  • Reserve: ₹40,68,550
  • EMD: ₹4,06,855

Auction snapshot

PossessionPhysical
Property typeLand · Residential
LocalityBalussery
Built-up / plot area8.009 Ares
LenderCholamandalam Investment And Finance Company Limited
BranchChennai
Auction typeSARFAESI Auction
Bid increment₹10,000
Service providerauctionfocus.in

About this property

Land bank auction in Balussery, Kozhikode by Cholamandalam Investment And Finance Company Limited — reserve price ₹40,68,550, 8.009 Ares, Physical possession.

Bank auction property: Land available in Balussery, Kozhikode. This property comprises 8.009 Ares, ideal for residential or investment purposes. Located in a serene locality, the land is easily accessible. The e-auction is scheduled for 2026-06-16, with a reserve price of ₹4068550.0 and an EMD of ₹406855.0. Don't miss this opportunity to acquire a valuable land asset through a bank auction property in Balussery. Contact Cholamandalam Finance for more details.

GeoSquare note: The property is a land parcel in Balussery, Kozhikode, available at a reserve price of ₹4068550.0 with physical possession. While the location is decent, the investment potential depends on local market conditions. Considering the size and the bank auction scenario, it presents a fair opportunity for potential buyers.

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