1 sq feet House for Auction in Cheruthazham, Kannur – Canara

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

1 sq feet (≈ 1 sq ft)

Reserve price / sq ft

₹13,11,300

Locality

Cheruthazham

City

Kannur

State

Kerala

Pincode

670307

Address

Cheruthazham, Kerala, 670307 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

PERINGOME-14240

Auction type

SARFAESI Auction

Borrower

Vinayan E V

Auction start

15 Oct 2026, 11:00 AM

Auction end

15 Oct 2026, 12:00 PM

EMD submission deadline

14 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

G R NAGARATHNA

Officer contact

9188528088

E-auction portal

BAANKNET (Property ID CNRB312103276)

Price Check

This listing's reserve price works out to ₹13,11,300 per sq ft. The average across residential bank auctions in Kannur on our site is ₹1,757 per sq ft, so this one is 74533% above 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 the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CNRB312103276)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 14 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 15 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.