Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:613364
Bank Name:Canara Bank
Branch Name:Specialised ARM Branch
Reserve Price:₹16,50,000
EMD:₹1,65,000
Auction Time:11:00 A.M. to 12:00P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-28
Bid Start Date:2025-11-29
Property Description
This is a prime land parcel located in Valambur, Malappuram, Kerala, offered by Canara Bank. Ideal for residential development, this property presents a unique investment opportunity in a growing region. The land is situated in a well-connected area, offering accessibility and potential for future appreciation. Don't miss the chance to acquire this valuable asset.
State:Kerala
City:Malappuram
Area:Valambur
Asset Category:Residential
Full Address:Sy No 57/1 of Valamboor Village, Malappuram District, Valambur, Malappuram
Size:80 cents
Auction Description
Canara Bank is conducting a SARFAESI auction for a valuable land property in Valambur, Malappuram. The auction has a reserve price of ₹16,50,000 and an EMD of ₹1,65,000. The auction will take place online on 29-11-2025, starting at 11:00 AM and concluding at 12:00 PM. This is a fantastic opportunity for prospective buyers to secure property through a transparent auction process.
Borrower Name:M/s Bharath Hatcheries and Feeds
Auction Type:SARFAESI Auction
Guarantor Names:Sri.K.Shamsudheen, Sri.Muhammed Kamarudheen
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
This land in Valambur, Malappuram, presents a calculated opportunity due to its reasonable reserve price and manageable EMD. While land investments carry inherent risks, the location and bank auction terms make it a potential buy for informed investors. Further due diligence on local market conditions is recommended.
Contact Details
Branch:Branch Office : Specialised ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no:9188406941
