Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612596
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹1,00,50,000
EMD:₹10,05,000
Auction Time:10:30 AM to 11.30 AM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-25
Bid Start Date:2025-11-25
Property Description
This is a prime land parcel located in the scenic Chavakkad area of Thrissur, Kerala. Ideal for residential development, this property offers a fantastic opportunity in a growing region. Its location provides good connectivity and access to local amenities, making it an attractive investment. The land is being auctioned by Canara Bank as part of a SARFAESI action.
State:Kerala
City:Thrissur
Area:Chavakkad
Asset Category:Residential
Full Address:Re Sy No 257/1A2, 257/2A, 257/2B, 257/5, 259/1B4 and 1/2 rights on 3.24 ares of pathway in Re SyNo 259/1B4@ Snehatheeram road in Thalikkulam Village, Thalikkulam Village, Thrissur
Size:40.31 Ares
Auction Description
Canara Bank is conducting a SARFAESI auction for a valuable land property in Chavakkad, Thrissur, Kerala. The auction will take place on November 25, 2025, with bidding open from 10:30 AM to 11:30 AM. The reserve price for this residential land is ₹1,00,50,000, and the Earnest Money Deposit (EMD) required is ₹10,05,000. This is a unique chance to acquire a significant asset through a transparent auction process.
Borrower Name:M/s Sreeram Gold Works
Auction Type:SARFAESI Auction
Guarantor Names:Late KP Muraleedharan, Mrs Preethy, Smt Chandana, Smt Lakshmi, Shri AA Sainudheen
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a large land parcel in a developing area, presenting a calculated investment opportunity. The reserve price is moderate for the location and land size. Investors should assess local market demand and potential encumbrances before bidding.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Authorised Officer
Contact no:0484-2353072/2353071
