Property for Auction in Nilambur, Malappuram, Kerala
Auction ID:594330
Bank Name:Canara Bank
Branch Name:SPECIALIZED ARM BRANCH, KOZHIKODE
Reserve Price:₹18,60,000
EMD:₹1,86,000
Service Provider:BAANKNET
Submission Date:30-10-2025 05:00 PM
Bid Start Date:31-10-2025 11:00 AM
This offering is for a parcel of land located in Nilambur, Malappuram, Kerala. The property is being auctioned by Canara Bank under the SARFAESI Act. It is designated as a residential asset and presents a valuable opportunity for land acquisition in this developing region. Situated in the scenic locale of Nilambur, known for its natural beauty and growing infrastructure, this land parcel is ideal for residential development or investment purposes. The auction is conducted by Canara Bank, ensuring a transparent and secure transaction process.
State:Kerala
City:Malappuram
Area:Nilambur
Asset Category:Residential
Canara Bank is conducting a SARFAESI auction for a prime parcel of land in Nilambur, Malappuram, Kerala. The auction will take place on October 31, 2025, commencing at 11:00 AM and concluding at 12:00 PM on the same day. The reserve price for this residential land is set at ₹18,60,000, with an Earnest Money Deposit (EMD) of ₹1,86,000 required to participate. This is a direct opportunity to acquire land in a sought-after area, facilitated by Canara Bank's official auction process. Interested bidders are advised to review all auction terms and conditions prior to the sale.
Borrower Name:M/s Kunnath Gold
Auction Type:SARFAESI Auction
Ph No ; 9188406941