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1319 square feet Individual House for sale in Nilambur Village ,Nilambur Taluk Nilambur

Nilambur, Malappuram, Kerala – 679329

Canara Bank · NILAMBUR-754

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹27,80,000
EMD
₹2,78,000
Bid increment
₹10,000
Area
1,319 sq ft
Price per sq ft
₹2,108

This is the 4th auction of this property. The reserve price is 0.7% lower than at the last auction (₹28,00,000 on 12 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₹27,80,000-0.7%Upcoming
12 Aug 2026₹28,00,000-2.3%Closed
5 Jun 2026₹28,66,000-10.0%Closed
10 Apr 2026₹31,84,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹2,78,000
Rest of 25% when you win (same or next day)
₹4,17,000
Balance 75%, usually within 15 days
₹20,85,000
Stamp duty and registration (about 5–8%, varies by state)
₹1.39 L – ₹2.22 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
1.63 Ares)4 Cents) of land with building and further improvements thereon in Re Sy No:27/08 ,Re Sy Block: 92 in Nilambur Village ,Nilambur Taluk, Malappuram
Borrower
M/S HI TECH ELECTRONICS

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