2,200 sq feet House for Auction in Residential Building In Re Sy No 1604 8 1604 9 Block No 71 At Edavanna Ernad Taluk Malappuram, Nilambur, Malappuram – Canara

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

2,200 sq feet (≈ 2,200 sq ft)

Reserve price / sq ft

₹3,864

Locality

Residential Building In Re Sy No 1604 8 1604 9 Block No 71 At Edavanna Ernad Taluk Malappuram, Nilambur

City

Malappuram

State

Kerala

Pincode

679329

Address

Residential Building in Re Sy No 1604 8 1604 9 Block NO 71 at Edavanna Ernad Taluk Malappuram, Nilambur, Kerala, 679329 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

P S E*****

Auction start

20 Nov 2026, 12:00 PM

Auction end

20 Nov 2026, 01:00 PM

EMD submission deadline

20 Nov 2026, 12:00 PM

Inspection

09 Nov 2026, 10:00 AM – 19 Nov 2026, 05:00 PM

Authorised officer

SARAVANAKUMAR

Officer contact

9188406941

E-auction portal

BAANKNET (Property ID CNRB56130238P)

Price Check

This listing's reserve price works out to ₹3,864 per sq ft. The average across residential bank auctions in Malappuram on our site is ₹5,554 per sq ft, so this one is 30% 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 9 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CNRB56130238P)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 20 Nov 2026, 12:00 PM. It is refunded if you don't win.
5. Bid online on 20 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.