Property for Auction in Valambur, Malappuram, Kerala
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:613450
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹59,50,000
EMD:₹5,95,000
Auction Time:11.00 am to 12.00 pm
Service Provider:BAANKNET
Submission Date:2025-11-28
Bid Start Date:2025-11-29
This is a prime land parcel located in Valambur, Malappuram, Kerala. Situated in a developing area, this residential land offers a great opportunity for investment or development. The property is being auctioned by Canara Bank under SARFAESI Act. Its proximity to local amenities and transportation links makes it an attractive proposition. Don't miss this chance to acquire valuable real estate in Malappuram.
State:Kerala
City:Malappuram
Area:Valambur
Asset Category:Residential
Full Address:Sy no 57/12 of Valambur Village, Valambur, Malappuram
Size:204.85 ares
Canara Bank is conducting a SARFAESI auction for a land property in Valambur, Malappuram, Kerala. The auction will take place on November 29, 2025, from 11:00 AM to 12:00 PM. The reserve price for this attractive land parcel is INR 59,50,000, with an Earnest Money Deposit (EMD) of INR 5,95,000. This is a unique opportunity to bid on a property with clear title and potential for growth. All interested parties are encouraged to participate in this online auction.
Borrower Name:M/s Q Nineth Ceramics
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Kunnath Moosa, Mr. K Shamsudheen, Mr. Muhammed Kamarudheen, Mr. Muhammed Noorudheen
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
The property is a large plot of land in a rural Kerala location, offered at a reasonable reserve price. While it may not be a prime investment, it offers a calculated opportunity for those familiar with the local market. The terms are standard, but a thorough legal due diligence is recommended before bidding.
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no:9188406941