Property for Auction in Karuvarakundu, Malappuram, Kerala
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613444
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹19,10,000
EMD:₹1,91,000
Auction Time:11:00 am to 12:00 pm
Service Provider:BAANKNET
Submission Date:2025-11-28
Bid Start Date:2025-11-29
A prime plot of land located in the serene and developing area of Karuvarakundu, Malappuram, Kerala. This residential plot, offered by Canara Bank under SARFAESI auction, presents a fantastic investment opportunity in a growing region. The property is situated in a well-connected locality, making it ideal for future development. Benefiting from its location in Malappuram, a city known for its cultural heritage and economic potential, this plot is a valuable asset.
State:Kerala
City:Malappuram
Area:Karuvarakundu
Asset Category:Residential
Full Address:Re Sy No 17/2-14, 17/2-17, 17/2-19, Karuvarakundu, Malappuram
Size:106.64 Ares
Canara Bank is conducting a SARFAESI auction for a valuable plot of land in Karuvarakundu, Malappuram, Kerala. The auction, held on November 29, 2025, between 11:00 AM and 12:00 PM, has a reserve price of INR 19,10,000 and an Earnest Money Deposit (EMD) of INR 1,91,000. This is a unique chance to acquire a residential plot through a transparent auction process. All interested parties are encouraged to participate and bid for this promising property. Don't miss this opportunity from Canara Bank.
Borrower Name:M/s. Keyen Industries and Trading
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Muhammed Kamarudheen, Mr. Muhammed Thajudheen, Mr. Kunnath Moosa
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
The property is a land parcel in a rural area with a relatively low reserve price. While the location may not be prime, the size and price point could attract local investors or those looking for agricultural land. Further due diligence is recommended to assess local market conditions and potential for appreciation.
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no:9188406941