1,319 sq feet House for Auction in Nilambur Village ,nilambur Taluk, Malappuram – Canara

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

1,319 sq feet (≈ 1,319 sq ft)

Reserve price / sq ft

₹2,108

Locality

Nilambur Village ,nilambur Taluk

City

Malappuram

State

Kerala

Pincode

679329

Address

Nilambur Village ,Nilambur Taluk, 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

M/S HI T*** E*****

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 CNRBHITECHELECTRONICS)

Price Check

This listing's reserve price works out to ₹2,108 per sq ft. The average across residential bank auctions in Malappuram on our site is ₹5,504 per sq ft, so this one is 62% 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 CNRBHITECHELECTRONICS)), 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.