Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613157
Bank Name:Indian Overseas Bank
Branch Name:Regional Office
Reserve Price:₹82,43,000
EMD:₹8,24,300
Bid Increment:₹50,000
Auction Time:10 am to 4 pm
Service Provider:BAANKNET
Important Dates
Submission Date:21-11-2025 05:00 PM
Bid Start Date:2025-11-24
Property Description
A prime plot of land located in the scenic Kakkodi Village of Kozhikode, Kerala. This residential land parcel offers a unique investment opportunity in a developing area. Proximity to essential amenities and a peaceful environment make this an ideal location for building your dream home or for future development. Don't miss this chance to own a piece of Kozhikode's growing landscape.
State:Kerala
City:Kozhikode
Area:Kakkodi Village
Asset Category:Residential
Full Address:Re. Sy. No 40/1,39/5, Kakkodi Village and amsom, Padinhattumuri Desom, Kozhikode Taluk, Kakkodi Village, Kozhikode
Size:47.68 cents
Auction Description
Indian Overseas Bank presents a SARFAESI auction for a valuable plot of land in Kakkodi Village, Kozhikode. This is a unique opportunity to acquire a desirable asset. The auction will commence on November 24, 2025, at 10:00 AM and conclude at 4:00 PM on the same day. The reserve price is set at ₹82,43,000, with an Earnest Money Deposit (EMD) of ₹8,24,300 required. Secure your bid for this Kerala property.
Borrower Name:M/s Bharat Electronics
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Asokan M, Mr. V.Mani, Mr. V. Unnikrishnan, Mr. K. Jayaprakashan, Mr. Obaidullahkhan, Mr. Anandan. K, Mr. Sudheendran K.M, Mrs. Supriya K V, Mr. Jithesh, Mr. Sunil Kumar M, Mr. Gauridas T, Mr. Suraj T, Mrs. Kamalam, Mr. Hariharan PK
Legal Details
Possession Status:Constructive
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land parcel in Kakkodi, Kozhikode, offered at a reasonable reserve price. While land investments can be promising, the specific location and market conditions need careful evaluation. It's a calculated opportunity suitable for investors with local market knowledge.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
