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400 square feet Godowns for sale in pottaserri 2 village, Mannarkkad, palakkad Mannarkad

Mannarkad, Palakkad, Kerala – 678593

Canara Bank · SPECIALIZED ARM BRANCH KOZHIKODE

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹11,10,000
EMD
₹1,11,000
Bid increment
₹50,000
Area
400 sq ft
Price per sq ft
₹2,775

This is the 4th auction of this property. The reserve price is 9.4% lower than at the last auction (₹12,25,000 on 14 Jul 2026, 11:30 AM). Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property3 Oct 2026, 10:00 AM – 29 Oct 2026, 5:00 PM
  2. Pay EMD and submit bid by30 Oct 2026, 12:00 PM
  3. Auction30 Oct 2026, 12:00 PM – 1:00 PM · in 15 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
30 Oct 2026₹11,10,000-9.4%Upcoming
14 Jul 2026₹12,25,000-4.7%Closed
15 May 2026₹12,85,000-4.8%Closed
31 Mar 2026₹13,50,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹1,11,000
Rest of 25% when you win (same or next day)
₹1,66,500
Balance 75%, usually within 15 days
₹8,32,500
Stamp duty and registration (about 5–8%, varies by state)
₹55,500 – ₹88,800

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
Commercial · Godowns
Possession
Symbolic
Auction type
Bank sale (SARFAESI)
Address
All that part and parcel of the land measuring 8.00 cents together with a GI sheet building in Sy No. 1/1A1B in the name of Sri. Abdullakoya Thangal, Pottasseri II Village, Mannarkkad Taluk, Palakkad Dist.
Borrower
M/s Solar valley

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