Property for Auction in Kannur, Kannur, Kerala
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
Submission Date:18-11-2025 05:00 PM
Bid Start Date:2025-11-19
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.
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
Possession Status:Physical
Encumbrance Details:NIL
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.
Branch:Branch Office : Stressed Assets Management Branch
Service Provider:BAANKNET
Contact Details:
Karthik Reddy. C
Contact no:7259664202