Land for auction Perithelmanna Village Malappuram 9 Cr ICICI Bank

This is a prime land parcel located in Perinthalmanna Taluk, Malappuram, Kerala. Ideal for development, this significant plot offers a great opportunity in a developing region. The asset category is residential, suggesting potential for housing projects or related ventures. Situated in the Malappuram district, the land benefits from the local infrastructure and economic activity.

ICICI Bank is conducting a SARFAESI auction for a valuable land property in Perinthalmanna Taluk, Malappuram, Kerala. The auction will commence on November 21, 2025, at 10:30 AM and conclude at 11:30 AM on the same day. The reserve price for this auction is ₹9,20,00,000, with an Earnest Money Deposit (EMD) of ₹92,00,000 required. This is a unique opportunity to acquire a significant land asset through a bank auction.

The property is a large land parcel in a rural area, presenting an opportunity for development. The reserve price is significant, and due diligence regarding local market demand is crucial. This presents a calculated opportunity for buyers with local market expertise.