33 sq meter Commercial Building for Auction in Para Elapully Palakkad, Palakkad – Canara

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Area

33 sq meter (≈ 355 sq ft)

Reserve price / sq ft

₹1,377

Locality

Para Elapully Palakkad

City

Palakkad

State

Kerala

Pincode

678622

Address

PARA ELAPULLY PALAKKAD, Kerala, 678622 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

ELAPULLY-1061

Auction type

SARFAESI Auction

Borrower

YOUR C***** L***** F***** T*****

Auction start

25 Nov 2026, 12:00 PM

Auction end

25 Nov 2026, 01:00 PM

EMD submission deadline

25 Nov 2026, 11:30 AM

Inspection

—

Authorised officer

ANOOP C

Officer contact

9495694504

E-auction portal

BAANKNET (Property ID CNRB1061YOURCHOICE)

Price Check

This listing's reserve price works out to ₹1,377 per sq ft. The average across commercial bank auctions in Palakkad on our site is ₹2,475 per sq ft, so this one is 44% below that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
2. Inspect the property on the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CNRB1061YOURCHOICE)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 25 Nov 2026, 11:30 AM. It is refunded if you don't win.
5. Bid online on 25 Nov 2026 starting above the reserve price.
6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.