Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613451
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹1,78,20,000
EMD:₹17,82,000
Auction Time:11.00 am to 12.00 pm
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-28
Bid Start Date:2025-11-29
Property Description
This offering features a prime plot of land located in Perintalmanna, Malappuram, Kerala. Situated in a well-connected area, this residential land presents a significant opportunity for development or investment. The property is being auctioned by Canara Bank following SARFAESI procedures.
State:Kerala
City:Malappuram
Area:Perintalmanna
Asset Category:Residential
Full Address:Sy.no. 66/3, 80/3, 8 and 9/6 of Ramapuram desom, Puzhakkattiri Village, Perinthalmanna Taluk, Malappuram District, Perinthalmanna, Malappuram
Size:16.28 Ares
Auction Description
Canara Bank is conducting a SARFAESI auction for a valuable land parcel in Perintalmanna, Malappuram, Kerala. The auction has a reserve price of INR 1,78,20,000 and requires an Earnest Money Deposit (EMD) of INR 17,82,000. The auction will take place online on November 29, 2025, with bidding open from 11:00 AM to 12:00 PM. This is a unique opportunity to acquire prime real estate.
Borrower Name:M/s Summit Metals
Auction Type:SARFAESI Auction
Guarantor Names:Sri. Kunnath Moosa, Sri. K Shamsudheen, Sri. Muhammed Kamarudheen, Sri. Muhammed Najmudheen, Sri. Muhammed Noorudheen
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land parcel in Perintalmanna, Malappuram, offered at a reserve price of ₹17820000.0. While the location is potentially valuable, further due diligence is needed to assess local market conditions and potential investment returns. The auction terms seem standard.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Authorized Officer
Contact no:9188406941
