1,963 sq feet House for Auction in Akambadam Desomnilambur Taluk And Malappuram District, Malappuram – Canara

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

1,963 sq feet (≈ 1,963 sq ft)

Reserve price / sq ft

₹1,080

Locality

Akambadam Desomnilambur Taluk And Malappuram District

City

Malappuram

State

Kerala

Pincode

679329

Address

Akambadam DesomNilambur Taluk and Malappuram District, Kerala, 679329 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

NILAMBUR-754

Auction type

SARFAESI Auction

Borrower

Mr. S***** A** T*****

Auction start

17 Oct 2026, 11:00 AM

Auction end

17 Oct 2026, 12:00 PM

EMD submission deadline

16 Oct 2026, 05:00 PM

Inspection

12 Oct 2026, 10:00 AM – 12 Oct 2026, 05:00 PM

Authorised officer

SIVAKUMAR SP

Officer contact

9486003999

E-auction portal

BAANKNET (Property ID CNRBSULPHIKAR)

Price Check

This listing's reserve price works out to ₹1,080 per sq ft. The average across residential bank auctions in Malappuram on our site is ₹5,504 per sq ft, so this one is 80% 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 12 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CNRBSULPHIKAR)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 16 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 17 Oct 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.