Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610565
Bank Name:Canara Bank
Branch Name:Specialised ARM Branch
Reserve Price:₹18,63,000
EMD:₹1,86,300
Auction Time:10.00 AM to 11.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-27
Bid Start Date:2025-11-28
Property Description
This is a prime plot of land located in the serene area of Chalavara, Palakkad, Kerala. Spanning a significant area, this residential plot offers an excellent opportunity for development or investment. The property is situated in a well-connected region with access to local amenities and transportation. It represents a valuable real estate asset in the rapidly growing Palakkad district.
State:Kerala
City:Palakkad
Area:chalavara
Asset Category:Residential
Full Address:Sy No.154/8 of Mundakottukurussi Desom Chalavara Village, Chalavara, Palakkad
Size:121.33 sqm
Auction Description
Canara Bank is conducting a SARFAESI auction for a land property in Chalavara, Palakkad, Kerala. The auction will take place on November 28, 2025, from 10:00 AM to 11:00 AM. The reserve price for this valuable land is ₹18,63,000, with an Earnest Money Deposit (EMD) of ₹1,86,300 required. This is a unique opportunity to acquire a significant land parcel through a transparent auction process initiated by Canara Bank.
Borrower Name:Abhilash K.S
Auction Type:SARFAESI Auction
Guarantor Names:Sudhakaran K.M
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
This land in Chalavara presents a calculated opportunity given its location in Palakkad, Kerala. The reserve price and EMD are reasonable, making it an accessible investment. However, further due diligence regarding the property's specific use and potential is advised.
Contact Details
Branch:Branch Office : Specialised ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no:9188406941
