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1543.11 square feet Individual House for sale in Karakunnu Village ,Ernad Taluk…

Manjeri, Malappuram, Kerala – 676123

Canara Bank · MANJERI-855

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹18,80,000
EMD
₹1,88,000
Bid increment
₹10,000
Area
1,543 sq ft
Price per sq ft
₹1,218

This is the 3rd auction of this property. The reserve price is 1.1% lower than at the last auction (₹19,00,000 on 16 Sep 2026, 11:00 AM). Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property26 Oct 2026, 10:00 AM – 26 Oct 2026, 5:00 PM
  2. Pay EMD and submit bid by28 Oct 2026, 5:00 PM
  3. Auction30 Oct 2026, 11:00 AM – 12:00 PM · in 15 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
30 Oct 2026₹18,80,000-1.1%Upcoming
16 Sep 2026₹19,00,000-0.4%Closed
28 May 2026₹19,08,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹1,88,000
Rest of 25% when you win (same or next day)
₹2,82,000
Balance 75%, usually within 15 days
₹14,10,000
Stamp duty and registration (about 5–8%, varies by state)
₹94,000 – ₹1.50 L

You may bid above the reserve in steps of ₹10,000. 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
6 cent of land and building at Re.Sy.No.42/6 at block 66, Karakunnu Village ,Ernad Taluk Malappuram
Borrower
USMAN AND FAMOUS STATIONARY

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