1,180 sq feet House for Auction in Nemmara, Ayilur, Nemmara, Palakkad – Canara

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

1,180 sq feet (≈ 1,180 sq ft)

Reserve price / sq ft

₹1,542

Locality

Nemmara, Ayilur, Nemmara

City

Palakkad

State

Kerala

Pincode

678508

Address

NEMMARA, Ayilur, Nemmara, Kerala, 678508 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

NEMMARA-810

Auction type

SARFAESI Auction

Borrower

VINU V

Auction start

16 Nov 2026, 12:00 PM

Auction end

16 Nov 2026, 01:00 PM

EMD submission deadline

16 Nov 2026, 11:30 AM

Inspection

—

Authorised officer

ANOOP C

Officer contact

9495694504

E-auction portal

BAANKNET (Property ID CNRB810VINU)

Price Check

This listing's reserve price works out to ₹1,542 per sq ft. The average across residential bank auctions in Palakkad on our site is ₹1,958 per sq ft, so this one is 21% below that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

Previous Auctions of This Property

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
2. Inspect the property on the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CNRB810VINU)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 16 Nov 2026, 11:30 AM. It is refunded if you don't win.
5. Bid online on 16 Nov 2026 starting above the reserve price.
6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.