Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610667
Bank Name:Canara Bank
Branch Name:ARM BRANCH, KOZHIKODE
Reserve Price:₹15,84,000
EMD:₹1,58,400
Auction Time:11:30 AM to 12:30 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
A prime plot of land located in Mananthavady, Wayanad, Kerala. This residential asset is part of a SARFAESI auction conducted by Canara Bank. Ideal for development or investment, the property is situated in a developing area known for its natural beauty and agricultural potential. Don't miss this opportunity to acquire land in a sought-after region.
State:Kerala
City:Wayanad
Area:Mananthavady
Asset Category:Residential
Full Address:Re-Sy No: 1173/17, 1173/18, 1173/19, Kanjirangad Village, Mananthavady
Size:0.0378 Hrs
Auction Description
Canara Bank is holding a SARFAESI auction for a valuable land parcel in Mananthavady, Wayanad, Kerala. The auction will take place on November 25, 2025, from 11:30 AM to 12:30 PM. The reserve price is INR 15,84,000, with an EMD of INR 1,58,400. This is a direct opportunity to bid on a property previously owned by M/s Wayanad Traders Hill Produce Dealers. Ensure all documentation is in order before participating.
Borrower Name:M/s Wayanad Traders Hill Produce Dealers
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Shameena, Mrs. Aleema
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land located in Mananthavady, Wayanad, being auctioned by Canara Bank. While the reserve price appears reasonable, further investigation into the land's usability and local market conditions is advised before investing. The auction terms are standard, suggesting a calculated approach is best.
Contact Details
Branch:Branch Office : ARM BRANCH, KOZHIKODE
Service Provider:BAANKNET
Contact Details:
Contact no:9188406941
