Plot for auction 40 IN AKAMBADAM VILLA Nilambur Malappuram by Canara

Property for Auction in Nilambur Taluk, Malappuram, Kerala

Property Type IconProperty Type:
Plot
Location IconLocation:
Nilambur Taluk, Malappuram
Auction Date IconAuction Date:
29-08-2025 11:30 AM

Auction Details

Auction ID:556412

Bank Name:Canara Bank

Branch Name:ARM Branch

Reserve Price:15,75,000

EMD:1,57,500

Service Provider:BAANKNET

Important Dates

Submission Date:28-08-2025 04:00 PM

Bid Start Date:29-08-2025 11:30 AM

Property Description

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

Auction Description

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 Details

Contact Number : 9188406941

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