Property for Auction in Nilambur Taluk, Malappuram, Kerala
Auction ID:556412
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹15,75,000
EMD:₹1,57,500
Service Provider:BAANKNET
Submission Date:28-08-2025 04:00 PM
Bid Start Date:29-08-2025 11:30 AM
This offering is a vacant residential plot situated in Nilambur Taluk, within the Malappuram district of Kerala. The plot is suitable for residential development and offers a good investment prospect in a growing area. Benefiting from its location in Nilambur Taluk, it provides access to local amenities and infrastructure. The property is being auctioned by Canara Bank under the SARFAESI Act.
State:Kerala
City:Malappuram
Area:Nilambur Taluk
Asset Category:Residential
Canara Bank presents a SARFAESI auction for a residential plot in Nilambur Taluk, Malappuram, Kerala. This is a prime opportunity to acquire property in a sought-after location. The auction will be held on August 29, 2025, commencing at 11:30 AM and concluding at 12:30 PM. The reserve price for this asset is INR 15,75,000, with an Earnest Money Deposit (EMD) of INR 1,57,500 required to participate. The property was formerly associated with M/s Olive Trading.
Borrower Name:M/s Olive Trading
Auction Type:SARFAESI Auction
Contact Number : 9188406941