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1963 square feet Individual House for sale in Akambadam DesomNilambur Taluk and…

Nilambur, Malappuram, Kerala – 679329

Canara Bank · NILAMBUR-754

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹21,20,000
EMD
₹2,12,000
Bid increment
₹10,000
Area
1,963 sq ft
Price per sq ft
₹1,080

This is the 2nd auction of this property. The reserve price is 0.9% lower than at the last auction (₹21,40,000 on 14 Aug 2026, 11:00 AM). Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property12 Oct 2026, 10:00 AM – 12 Oct 2026, 5:00 PM
  2. Pay EMD and submit bid by16 Oct 2026, 5:00 PM (EMD closes tomorrow)
  3. Auction17 Oct 2026, 11:00 AM – 12:00 PM · in 2 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
17 Oct 2026₹21,20,000-0.9%Upcoming
14 Aug 2026₹21,40,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹2,12,000
Rest of 25% when you win (same or next day)
₹3,18,000
Balance 75%, usually within 15 days
₹15,90,000
Stamp duty and registration (about 5–8%, varies by state)
₹1.06 L – ₹1.70 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
4.45 Ares of Land and Residential building Re sy no 25 at Akambadam DesomNilambur Taluk and Malappuram District
Borrower
Mr. Sulphikar Ali Thonikkadavan

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