Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612082
Bank Name:IDBI Bank
Branch Name:Kochi
Reserve Price:₹88,47,900
EMD:₹8,84,790
Auction Time:11:00 am to 12:00 pm
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-25
Bid Start Date:2025-11-26
Property Description
A valuable plot of land located in Kozhikode, Kerala, offered by IDBI Bank through a SARFAESI auction. This residential land presents an excellent opportunity for development or investment in a prime urban area. The property is situated within Kozhikode city, offering convenient access to local amenities and infrastructure. Don't miss this chance to acquire land in a sought-after location.
State:Kerala
City:Kozhikode
Area:Kozhikode
Asset Category:Residential
Full Address:Nellikode Village of Kozhikode Taluk and Kozhikode District, Nellikode Village, Kozhikode
Size:4.31 Ares
Auction Description
IDBI Bank is conducting a SARFAESI auction for a land property in Kozhikode, Kerala. The auction will take place on November 26, 2025, with bidding open from 11:00 AM to 12:00 PM. The reserve price for this asset is ₹88,47,900, with an Earnest Money Deposit (EMD) of ₹8,84,790 required to participate. This is a fantastic opportunity to acquire a residential land parcel directly from the bank.
Borrower Name:Shri Amith Raj Mu
Auction Type:SARFAESI Auction
Guarantor Names:Smt Geetha
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The land in Kozhikode presents a calculated opportunity due to its location and the increasing demand for land. While it requires due diligence, the reserve price could provide a decent return on investment. Auction terms are standard, but the location justifies further investigation.
Contact Details
Branch:Branch Office : Kochi
Service Provider:BAANKNET
Contact Details:
Authorised Officer
Contact no:+918291220220
