Plot for auction Karuvarakundu Malappuram 19 lakh Canara Bank

Property for Auction in Karuvarakundu, Malappuram, Kerala

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
106.64 Ares
Reserve Price
19,10,000
Reserve Price
19,10,000
EMD Required
1,91,000
Property Specifications
Size106.64 Ares
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Plot
Location IconLocation:
Karuvarakundu, Malappuram
Auction Date IconAuction Date:
29-11-2025 11:00 AM

Auction Details

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

Important Dates

Submission Date:2025-11-28

Bid Start Date:2025-11-29

Property Description

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

Auction Description

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

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

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.

Contact Details

Branch:Branch Office : ARM Branch

Service Provider:BAANKNET

Contact Details:

Contact no:9188406941

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