Property for Auction in Nilambur Taluk, Malappuram, Kerala
Auction ID:556413
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹59,00,000
EMD:₹5,90,000
Service Provider:BAANKNET
Submission Date:28-08-2025 04:00 PM
Bid Start Date:29-08-2025 11:30 AM
This auction features a residential plot located in Nilambur Taluk, Malappuram, Kerala. The property, previously associated with M/s Olive Trading, offers a prime location within the Malappuram region. Ideal for residential development or investment, this plot presents a significant opportunity for buyers. Situated in a well-connected area of Kerala, the land is accessible and part of a developing locality. Further details regarding the exact location and size will be provided to interested bidders.
State:Kerala
City:Malappuram
Area:Nilambur Taluk
Asset Category:Residential
Canara Bank invites sealed bids for a SARFAESI auction of a residential plot in Nilambur Taluk, Malappuram, Kerala. The auction is for a property previously belonging to M/s Olive Trading. The reserve price is ₹59,00,000, with an Earnest Money Deposit (EMD) of ₹5,90,000. This is a valuable opportunity to acquire land in a desirable location. The auction will be conducted online, with bidding open on August 29, 2025, from 11:30 AM to 12:30 PM.
Borrower Name:M/s Olive Trading
Auction Type:SARFAESI Auction
Contact Number : 9188406941