Land for auction Valambur Malappuram 60 lakh Canara Bank

Property for Auction in Valambur, Malappuram, Kerala

Recommendation
Calculated OpportunityScore: 6.5
Possession
Symbolic
Size
204.85 ares
Reserve Price
59,50,000
Reserve Price
59,50,000
EMD Required
5,95,000
Property Specifications
Size204.85 ares
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land
Location IconLocation:
Valambur, Malappuram
Auction Date IconAuction Date:
29-11-2025 11:00 AM

Auction Details

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

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. 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

Auction Description

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

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

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.

Contact Details

Branch:Branch Office : ARM Branch

Service Provider:BAANKNET

Contact Details:

Contact no:9188406941

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