Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:613106
Bank Name:Canara Bank
Branch Name:SPECIALIZED ARM BRANCH, KOZHIKODE
Reserve Price:₹1,01,25,000
EMD:₹10,12,500
Auction Time:11:30 A.M. to 12:30 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-28
Bid Start Date:2025-11-29
Property Description
This is a prime Non-Agricultural Land parcel located in the scenic Vythiri area of Wayanad, Kerala. The land, previously associated with M/s Wasuki Farmers Society, offers significant potential for development. Situated in a region known for its natural beauty and growing tourism, this asset presents a compelling investment opportunity. Ideal for various residential or commercial ventures, its location in Wayanad ensures accessibility and desirability.
State:Kerala
City:Wayanad
Area:Vythiri
Asset Category:Residential
Full Address:Re-Sy No. 144/13(144/5), 144/14(144/10) and 55 cents located in Re-Sy No.144/15(144/5) &144/10 at Kalpetta in Kalpetta Village, Vythiri Taluk, Wayanad Dist, Kalpetta, Wayanad
Size:1.95 Acres
Auction Description
Canara Bank is conducting a SARFAESI Auction for a valuable Non-Agricultural Land in Vythiri, Wayanad. The auction will take place on 29th November 2025, with bidding open from 11:30 AM to 12:30 PM. The reserve price for this attractive property is ₹1,01,25,000, and the Earnest Money Deposit (EMD) is ₹10,12,500. Don't miss this opportunity to acquire a significant asset in a sought-after location.
Borrower Name:M/s Wasuki Farmers Society
Auction Type:SARFAESI Auction
Guarantor Names:Sri. Manu P.R, Sri. Robin P.R, Smt. Leela Raju, Sri. Shibu Paul, Sri. Saji K.P, Sri. Babu K.M, Sri. Antony V.V, Dr. Ambi, Janaki M.P, T Mani, Vijayalakshmi M, Vijayakumar C.T, Srudhin Kuriakose, Johnson K M, Aneesh P.M, Sudhish, Krishnakumari P.G, Viswambharan
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
This non-agricultural land in Vythiri offers moderate investment potential given its location and reserve price. The property is suitable for buyers seeking land in a developing area with the specified auction terms. However, potential investors should conduct thorough due diligence regarding local development plans and land value appreciation.
Contact Details
Branch:Branch Office : SPECIALIZED ARM BRANCH, KOZHIKODE
Service Provider:BAANKNET
Contact Details:
Contact no:9188406941
