Land for auction Manantheri Village Kannur 90 lakh Canara Bank

This is a prime plot of land located in Thalasseri, Kannur, Kerala, offered for auction by Canara Bank. Situated in a well-developing area, this residential land presents a great opportunity for investment or development. Its location in Kannur, a prominent city in Kerala, ensures good connectivity and potential for future appreciation. The property is being auctioned under the SARFAESI Act, providing a clear title for the prospective buyer.

Canara Bank is conducting a SARFAESI auction for a valuable plot of land in Thalasseri, Kannur, Kerala. The auction will take place on November 29, 2025, with bidding open from 11:30 AM to 12:30 PM. The reserve price for this property is INR 90,28,000, with an Earnest Money Deposit (EMD) of INR 9,02,800 required to participate. This is a fantastic opportunity to acquire a land parcel in a sought-after region of Kerala. Don't miss out on this bank auction.

The property is a land parcel with a residential building in a developing area. The reserve price seems reasonable considering the location, but potential investors should carefully assess the local real estate market and growth prospects. Given these factors, it represents a calculated opportunity.