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A Double Storied RCC Building and a Single storied AC Sheet Shed for sale in Nilambur…

Manjeri, Malappuram, Kerala – 676123

Canara Bank · SPECIALIZED ARM BRANCH KOZHIKODE

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Reserve price
₹85,00,000
EMD
₹8,50,000
Bid increment
₹50,000

This is the 4th auction of this property. The reserve price is 6.6% lower than at the last auction (₹91,00,000 on 19 Aug 2026, 11:00 AM). Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property6 Oct 2026, 10:00 AM – 22 Oct 2026, 5:00 PM
  2. Pay EMD and submit bid by23 Oct 2026, 12:00 PM
  3. Auction23 Oct 2026, 12:00 PM – 1:00 PM · in 8 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
23 Oct 2026₹85,00,000-6.6%Upcoming
19 Aug 2026₹91,00,000—Closed
23 Jul 2026₹91,00,000-9.9%Closed
30 May 2026₹1,01,00,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹8,50,000
Rest of 25% when you win (same or next day)
₹12,75,000
Balance 75%, usually within 15 days
₹63,75,000
Stamp duty and registration (about 5–8%, varies by state)
₹4.25 L – ₹6.80 L

You may bid above the reserve in steps of ₹50,000. If you lose, the EMD is refunded. Check the notice for exact terms and any dues (society, tax, electricity) the buyer must pay.

Property

Type
Industrial · Others
Possession
Physical
Auction type
Bank sale (SARFAESI)
Address
RS No.129/pt, Block No. 75, Thiruvali Village, Nilambur Taluk, Malappuram District
Borrower
Madeena Wood Industies

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