Plot for auction Elayavoor Kannur 1 Cr Indian Bank

Property for Auction in Kannur, Kannur, Kerala

Recommendation
Calculated OpportunityScore: 6.8
Possession
Physical
Size
6.7 sq.m.
Reserve Price
1,05,00,000
Reserve Price
1,05,00,000
EMD Required
10,50,000
Property Specifications
Size6.7 sq.m.
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land
Location IconLocation:
Kannur, Kannur
Auction Date IconAuction Date:
19-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:609323

Bank Name:Indian Bank

Branch Name:Stressed Assets Management Branch

Reserve Price:1,05,00,000

EMD:10,50,000

Bid Increment:25,000

Auction Time:11.00A.M. to 5.00P.M.

Service Provider:BAANKNET

Important Dates

Submission Date:18-11-2025 05:00 PM

Bid Start Date:2025-11-19

Property Description

An excellent opportunity to acquire a valuable plot of land in Kannur, Kerala, presented by Indian Bank through a SARFAESI auction. This residential land parcel is ideally situated within the thriving city of Kannur, offering potential for development or investment. Benefiting from a prime location, this property is part of a significant auction event aiming to offer accessible real estate opportunities.

State:Kerala

City:Kannur

Area:Kannur

Asset Category:Residential

Full Address:OS No. 14/5, R Sy. No 17/1A, Elayavoor Village, Elayavoor Panchayat, Kannur Sb District, Kannur Taluk, Kannur District, Elayavoor, Kannur

Size:6.7 sq.m.

Auction Description

Indian Bank is conducting a SARFAESI auction for a prime plot of land located in Kannur, Kerala. This auction presents a unique chance to acquire valuable real estate. The reserve price for this property is ₹1,05,00,000, with an Earnest Money Deposit (EMD) of ₹10,50,000. The auction will take place on November 19, 2025, starting at 11:00 AM and concluding at 05:00 PM. Don't miss this opportunity to participate in a transparent and efficient bidding process for this desirable asset.

Borrower Name:M/s. Translog Support Services Pvt. Ltd

Auction Type:SARFAESI Auction

Guarantor Names:Seema Ranjith, K. C. Sandeep, T. N. Ranjith, T. N. Veena

Legal Details

Possession Status:Physical

Encumbrance Details:NIL

Why This Property

This land parcel in Elayavoor, Kannur, presents a moderate investment opportunity. The reserve price seems reasonable, but potential buyers should conduct due diligence on the location and local market conditions. The clear title and auction terms add some security to the investment.

Contact Details

Branch:Branch Office : Stressed Assets Management Branch

Service Provider:BAANKNET

Contact Details:

Karthik Reddy. C

Contact no:7259664202

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