Property for Auction in Pudussery, Palakkad, Kerala
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:610567
Bank Name:Canara Bank
Branch Name:Specialised ARM Branch
Reserve Price:₹30,80,000
EMD:₹3,08,000
Auction Time:10.00 AM to 11.00 PM
Service Provider:BAANKNET
Submission Date:2025-11-27
Bid Start Date:2025-11-28
This is a prime land auction opportunity located in Pudussery, Palakkad, Kerala. Offered by Canara Bank under the SARFAESI Act, this residential land parcel presents a fantastic chance for investment or development. Situated in the well-connected area of Palakkad, this property is ideal for those looking to build their dream home or explore real estate ventures in a growing region. The land is being auctioned directly by the bank, ensuring a clear and transparent transaction process.
State:Kerala
City:Palakkad
Area:Pudussery
Asset Category:Residential
Full Address:Re Sy No 83/86, Old Sy No 444/4, Re Sy Block No 35, Pudussery Amsom, Pudussery West Village, Pudussery Panchayath, Pudussery, Palakkad
Size:0.0303 Hectares
Canara Bank is conducting a SARFAESI auction for a valuable land property in Pudussery, Palakkad, Kerala. The auction will be held online on November 28, 2025, commencing at 10:00 AM and concluding at 11:00 AM. The reserve price for this residential land is set at ₹30,80,000, with an Earnest Money Deposit (EMD) of ₹3,08,000 required to participate. This is a unique opportunity to acquire property directly from the bank. Interested bidders are advised to review all auction terms and conditions.
Borrower Name:Mrs.Ninu K.M
Auction Type:SARFAESI Auction
Guarantor Names:Mr.Vysakh S., Mrs.Pdmavathy K.V.
Possession Status:Physical
Encumbrance Details:Not Known to Bank
The property is a land parcel in Pudussery, Palakkad, presenting a calculated opportunity. With a reasonable reserve price and the potential for appreciation in a developing area, it warrants careful consideration. Investors should assess local market conditions and potential land use.
Branch:Branch Office : Specialised ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no:9188406941