Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609059
Bank Name:Cholamandalam Investment And Finance Company Limited
Branch Name:Corporate office
Reserve Price:₹26,16,030
EMD:₹2,61,603
Bid Increment:₹10,000
Auction Time:02:00 PM to 04:00 PM
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-15
Bid Start Date:2025-11-17
Property Description
This offering presents a valuable parcel of land located in Kozhikode, Kerala. Situated within the bustling city limits of Kozhikode, this residential plot offers a prime opportunity for development or investment in a sought-after locale. The property is being auctioned by Cholamandalam Investment And Finance Company Limited as part of a SARFAESI action.
State:Kerala
City:Kozhikode
Area:Kozhikode
Asset Category:Residential
Full Address:Kanniparamb Desom, Mavoor Village, Kozhikode Taluk, Kozhikode District, Mavoor, Kozhikode
Size:9.15 ares
Auction Description
Cholamandalam Investment And Finance Company Limited is conducting a SARFAESI auction for a land property in Kozhikode, Kerala. The auction will take place on November 17, 2025, commencing at 02:00 PM and concluding at 04:00 PM. The reserve price for this residential land is ₹26,16,030, with an Earnest Money Deposit (EMD) of ₹2,61,603 required to participate. This is a significant opportunity to acquire land in a prime location.
Borrower Name:Mr Surya Bindu
Auction Type:SARFAESI Auction
Guarantor Names:Mr/Mrs. Sasidharan T.
Legal Details
Possession Status:Possession
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land parcel in Kozhikode, offered at a reasonable reserve price. While the location is not prime, the price point and potential for future development make it a calculated opportunity. Prospective buyers should conduct due diligence to assess local market conditions.
Contact Details
Branch:Branch Office : Corporate office
Service Provider:Public Auction
Contact Details:
Mr. Renish
Contact no:8592982255
