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Individual House for sale in Puzhathi Kannur
Kannur, Kerala – 670005
Canara Bank · SPECIALIZED ARM BRANCH KOZHIKODE
This auction has ended or was withdrawn. Banks often re-auction at a lower reserve price, so check current auctions nearby.
- Reserve price
- ₹2,85,00,000
- EMD
- ₹28,50,000
- Bid increment
- ₹1,00,000
- Area
- 5,020 sq ft
- Price per sq ft
- ₹5,677
This is the 7th auction of this property. The reserve price is 5% lower than at the last auction (₹3,00,00,000 on 2 Sep 2026, 11:30 AM). Unsold properties usually come back at a lower reserve.
Key dates
- Inspect the property29 Oct 2026, 10:00 AM – 29 Oct 2026, 5:00 PM
- Pay EMD and submit bid by31 Oct 2026, 12:00 PM
- Auction31 Oct 2026, 12:00 PM – 1:00 PM · in 13 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 31 Oct 2026 | ₹2,85,00,000 | -5.0% | Upcoming |
| 2 Sep 2026 | ₹3,00,00,000 | — | Closed |
| 7 Aug 2026 | ₹3,00,00,000 | — | Closed |
| 14 Jul 2026 | ₹3,00,00,000 | -8.8% | Closed |
| 22 May 2026 | ₹3,29,00,000 | — | Closed |
| 24 Apr 2026 | ₹3,29,00,000 | — | Closed |
| 24 Mar 2026 | ₹3,29,00,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹28,50,000
- Rest of 25% when you win (same or next day)
- ₹42,75,000
- Balance 75%, usually within 15 days
- ₹2,13,75,000
- Stamp duty and registration (about 5–8%, varies by state)
- ₹14.25 L – ₹22.80 L
You may bid above the reserve in steps of ₹1,00,000. 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
- Residential · Individual House
- Possession
- Symbolic
- Auction type
- Bank sale (SARFAESI)
- Address
- Item No 1 EMT of 5.86 Ares of land with existing building in Rs No 45/1 in Puzhathi Village Kannur Taluk and District in the name of Mrs Ruby Prakash Item No 2 EMT of 1.21 Ares of land in RS No.45/17 in Puzhathi Village Kannur Taluk and District in the name of Mrs Ruby Prakash Item No 3 EMT of 5.60 Ares of land in RS No.45/17 in Puzhathi Village, Kannur Taluk and District in the name of Mr Prakash A Item No 4 EMT of 4.65 Ares (11.48 cents) of Land and 5020 Sq Feet Residential House in RS No. 45/1 in Puzhathi Village Kannur Taluk & District in the name of Mr. Prakash A (This property is also mortgaged to the loan accounts of M/s Prakash constructions)
- Borrower
- M/S NORTH MALABAR PRAKASH CONSTRUCTION & M/S PRAKASH CONSTRUCTION
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