Property for Auction in Kannadi, Palakkad, Kerala
Auction ID:499810
Bank Name:Indian Overseas Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹75,10,000
EMD:₹7,51,000
Service Provider:BAANKNET
Submission Date:21-05-2025 05:00 PM
Bid Start Date:22-05-2025 10:30 AM
The property is a plot of land located in Kannadi Village, Palakkad Taluk, Palakkad District, Kerala, with a total area of 12.15 Ares. It is situated on the Palakkad to Koduvayur Highway and falls within Survey Number(s)-S.No.258/4 (0.S.No-405/3), T.P.No.191, Block No.50. The property is legally described by its boundaries and sale deeds. Specifically, it includes a 4.05 Ares parcel belonging to Mrs. Nilaferunnisha (Sale Deed-190/2000) with boundaries to the North of Chandran's property, South of Barzana and Raffiya's properties, East of Narayanasamy's property, and West of Amala Hospital. Another 4.05 Ares parcel belongs to Mrs. S Barzana (Sale Deed-191/2000) bordered by Nilaferunnisha's property to the North, Amala Hospital's property to the South, Raffiya's property to the East, and Amala Hospital's property to the West. The third parcel of 4.05 Ares belongs to Mrs. S. Raffiya (Sale Deed-192/2000) with boundaries to the North of Nilaferunnisha's property, South of Amala Hospital's property, East of Narayanasamy's property, and West of Barzana's property. The property is within the Palakkad-678701 postal code.
State:Kerala
City:Palakkad
Area:Kannadi
Asset Category:Residential
This is a SARFAESI auction by Indian Overseas Bank for a residential plot located in Kannadi, Palakkad, Kerala. The property is situated at Survey Number(s)-S.No.258/4 (0.S.No-405/3), T.P.No.191, Block No.50, on the Palakkad to Koduvayur Highway. The total land extent is 12.15 Ares, comprising three parcels belonging to Mrs. Nilaferunnisha, Mrs. S Barzana, and Mrs. S. Raffiya. The auction has a reserve price of ₹75,10,000 and an EMD of ₹7,51,000. The auction will be held on 22-05-2025 from 10:30 AM to 12:30 PM. The property is bordered by properties of Chandran, Barzana, Raffiya, Narayanasamy, and Amala Hospital.
Borrower Name:M/s. Surabhi Steel Tubes Private Limited
Auction Type:SARFAESI Auction
Contact : 0422-2497178