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Commercial Building SARFAESI Auction Symbolic Possession

526 sq meter Commercial Building for Auction in Elettil Kizhakkoth Village Kohikode, Koduvally, Kozhikode – Canara

Elettil Kizhakkoth Village Kohikode, Koduvally, Kozhikode, Kerala · Auction ID #2109

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Commercial Building photo 1
Reserve Price ₹1,00,00,000
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
Area526 sq meter

Property Details

Property type
Commercial Building (Commercial)
Possession
Symbolic Possession
Area
526 sq meter (≈ 5,661 sq ft)
Reserve price / sq ft
₹1,766
Locality
Elettil Kizhakkoth Village Kohikode, Koduvally
State
Kerala
Pincode
673572
Address
Elettil Kizhakkoth Village Kohikode, Koduvally, Kerala, 673572 View on map

Description (as per sale notice)

All that is part and parcel of the property to the extent of 7.30 cents(0.625 cents+6.675 cents ) of land with commercial building under old Sy No 264/2,Re Sy No 9/2 at Kizhakkoth Village , Kozhikode Taluk , Kozhikode District owned jointly by Sri Abdul Nazar P T & Abdul Salam P T

BAANKNET Property ID: CNRB57781593A

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 ₹1,766 per sq ft. The average across commercial bank auctions in Kozhikode on our site is ₹5,685 per sq ft, so this one is 69% 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 CNRB57781593A)), 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.

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