Land for auction Karuvarakundu Nilambur 19 lakh Canara Bank

This offering is for a parcel of land located in the scenic Nilambur region of Malappuram, Kerala. The property is being auctioned by Canara Bank under the SARFAESI Act. It presents a prime opportunity for development or investment in a rapidly growing area known for its natural beauty and burgeoning commercial prospects. Ideal for those seeking to acquire land in a sought-after location.

Canara Bank is conducting a SARFAESI auction for land in Nilambur, Malappuram, Kerala. The auction will take place on 31-10-2025, with bidding open from 11:00 AM to 12:00 PM. The reserve price is set at ₹18,70,000, and the Earnest Money Deposit (EMD) required is ₹1,87,000. This is a significant opportunity to acquire a valuable asset formerly associated with M/s Kunnath Gold. Interested bidders should review all auction terms and conditions provided by Canara Bank.