1,049 sq feet House for Auction in Re Sy No 117/1,block No.119 In Karulai Village,nilambur Taluk,malappuram District, Manjeri, Malappuram – Canara

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

1,049 sq feet (≈ 1,049 sq ft)

Reserve price / sq ft

₹2,288

Locality

Re Sy No 117/1,block No.119 In Karulai Village,nilambur Taluk,malappuram District, Manjeri

City

Malappuram

State

Kerala

Pincode

676121

Address

Re Sy No 117/1,Block No.119 in Karulai village,Nilambur Taluk,Malappuram District, Manjeri, Kerala, 676121 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

SPECIALIZED ARM BRANCH KOZHIKODE

Auction type

SARFAESI Auction

Borrower

M/s L***** P***** K*** B*****

Auction start

18 Nov 2026, 12:00 PM

Auction end

18 Nov 2026, 01:00 PM

EMD submission deadline

18 Nov 2026, 12:00 PM

Inspection

02 Nov 2026, 10:00 AM – 17 Nov 2026, 05:00 PM

Authorised officer

SARAVANAKUMAR

Officer contact

9188406941

E-auction portal

BAANKNET (Property ID CNRB1013823291)

Price Check

This listing's reserve price works out to ₹2,288 per sq ft. The average across residential bank auctions in Malappuram on our site is ₹5,554 per sq ft, so this one is 59% 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.

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 2 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CNRB1013823291)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 18 Nov 2026, 12:00 PM. It is refunded if you don't win.
5. Bid online on 18 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.