Property for Auction in Kannur Taluk, Kannur, Kerala
Auction ID:536374
Bank Name:South Indian Bank
Branch Name:REGIONAL OFFICE KANNUR
Reserve Price:₹82,66,000
EMD:₹8,26,600
Service Provider:bankauctions.in
Submission Date:28-07-2025 05:00 PM
Bid Start Date:29-07-2025 11:30 AM
The property consists of two parcels of land in Kannur Taluk, Kannur, Kerala. Parcel (A) is 4.18 Cents with a residential building of approx. 3800 Sq. Ft., located in Kannur 1 Village, with boundaries North: Property of Musthafa, East: Private Road, South: Municipal Road, West: Property of Musthafa. Parcel (B) is 1.50 Cents in the same village, with boundaries North: Property of Basheer, Onam Thak & property sold by Musthafa, East: Property of Basheer, South: Municipal Road and Randam Thak, West: Municipal Road. The property is associated with the owner Mr. Basheer K. B. and the borrower M/s. Sabith Trading Corporation.
State:Kerala
City:Kannur
Area:Kannur Taluk
Asset Category:Residential
This is a SARFAESI Auction for a Residential Land And Building in Kannur Taluk, Kannur, Kerala, presented by South Indian Bank. The property is owned by Mr. Basheer K. B. and associated with M/s. Sabith Trading Corporation. The auction will take place on 29-07-2025 from 11:30 AM to 12:00 PM. The reserve price is 8266000.00 and the EMD is 826600.00. The property includes land admeasuring 4.18 Cents and a residential building of approximately 3800 Sq. Ft. (Property ID: 536374).
Borrower Name:M/s. Sabith Trading Corporation
Auction Type:SARFAESI Auction
Authorised Officer (Telephone No : 04972713234 / 2713235) / Branch Kannur Main Contact No : 04972703842 / Regional Office Kannur Contact No : 8848659770