Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609948
Bank Name:HDFC Bank
Branch Name:Kochi
Reserve Price:₹45,75,000
EMD:₹4,57,500
Auction Time:3.00 pm
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-12
Bid Start Date:2025-12-12
Property Description
This is a prime land parcel located in Vadakara, Kozhikode, Kerala. Offered by HDFC Bank through a SARFAESI auction, this residential land presents a great opportunity for development or investment in a rapidly growing area. The property is situated in a well-connected locality within Kozhikode city, ensuring accessibility and potential for future appreciation. Ideal for those looking to acquire land for residential purposes.
State:Kerala
City:Kozhikode
Area:Vadakara
Asset Category:Residential
Full Address:PALAYAD VILLAGE, VADAKARA TALUK, KOZHIKODE DISTRICT, Vadakara, Kozhikode
Size:3.92 ARES
Auction Description
HDFC Bank presents a SARFAESI auction for a valuable land property in Vadakara, Kozhikode, Kerala. The auction will take place on December 12, 2025, starting at 3:00 PM and concluding at 4:00 PM. The reserve price for this residential land is INR 45,75,000, with an Earnest Money Deposit (EMD) of INR 4,57,500 required to participate. This is a unique chance to acquire a significant asset from a reputable bank in a sought-after location.
Borrower Name:MR FIROZ VAYAROLI
Auction Type:SARFAESI Auction
Guarantor Names:MRS AFSATH VANNARATH
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The land parcel in Vadakara presents a reasonable investment opportunity due to its location and size. The reserve price is moderate, making it accessible to a range of investors. However, potential buyers should carefully evaluate local market conditions and development potential before bidding.
Contact Details
Branch:Branch Office : Kochi
Service Provider:Public Auction
Contact Details:
Contact no:0484-6661200
