Commercial Building SARFAESI Auction Symbolic Possession

341.06 sq meter Commercial Building for Auction in Elettil Desom Kohikode Kihakkoth Village, Koduvally, Kozhikode – Canara

Elettil Desom Kohikode Kihakkoth Village, Koduvally, Kozhikode, Kerala · Auction ID #2108

WhatsApp
Reserve Price ₹55,50,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 27 Oct 2026, 12:00 PM In 27 days
EMD Last Date 27 Oct 2026, 12:00 PM In 27 days
Area341.06 sq meter

Property Details

Property type
Commercial Building (Commercial)
Possession
Symbolic Possession
Area
341.06 sq meter (≈ 3,671 sq ft)
Reserve price / sq ft
₹1,512
Locality
Elettil Desom Kohikode Kihakkoth Village, Koduvally
State
Kerala
Pincode
673572
Address
Elettil Desom Kohikode Kihakkoth Village, Koduvally, Kerala, 673572 View on map

Description (as per sale notice)

All the part and parcel of the property to the extent of 8 cents of land and building in Re Sy No 159/1( Present Sy No 159/40 as per thandapper account ), Sy No 215/1 in Elettil Desom , Kizhakkoth Village , Kozhikode , Kozhikode Taluk Koduvally Sub Dist in the name of Smt Sajna

BAANKNET Property ID: CNRB57781593B

Bank & Auction Details

Bank / Lender
Canara Bank
Branch
SPECIALIZED ARM BRANCH KOZHIKODE
Auction type
SARFAESI Auction
Borrower
M/s P***** A*****
Auction start
27 Oct 2026, 12:00 PM
Auction end
27 Oct 2026, 01:00 PM
EMD submission deadline
27 Oct 2026, 12:00 PM
Inspection
25 Sep 2026, 10:00 AM – 26 Oct 2026, 05:00 PM
Authorised officer
SARAVANAKUMAR
Officer contact
9188406941

Price Check

This listing's reserve price works out to ₹1,512 per sq ft. The average across commercial bank auctions in Kozhikode on our site is ₹5,685 per sq ft, so this one is 73% 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 25 Sep 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID CNRB57781593B)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 27 Oct 2026, 12:00 PM. It is refunded if you don't win.
  5. Bid online on 27 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.

Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Canara Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

Similar Auctions in Kozhikode

View all

Explore more