96.8 sq meter House for Auction in Nedumkunnam Village, Karukachal, Kottayam – SBI

Property Details

Property type

House (Residential)

Possession

Physical Possession

Area

96.8 sq meter (≈ 1,041 sq ft)

Reserve price / sq ft

₹4,799

Locality

Nedumkunnam Village, Karukachal

City

Kottayam

State

Kerala

Pincode

686540

Address

NEDUMKUNNAM VILLAGE, KARUKACHAL, Kerala, 686540 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

State Bank of India

Branch

SARB ERNAKULAM-05182

Auction type

SARFAESI Auction

Borrower

ST. M**** A*****

Auction start

18 Nov 2026, 11:00 AM

Auction end

18 Nov 2026, 04:00 PM

EMD submission deadline

18 Nov 2026, 03:00 PM

Inspection

26 Oct 2026, 10:00 AM – 17 Nov 2026, 05:00 PM

Authorised officer

AKBER V K

Officer contact

8304966088

E-auction portal

BAANKNET (Property ID SBIN77054969561)

Price Check

This listing's reserve price works out to ₹4,799 per sq ft. The average across residential bank auctions in Kottayam on our site is ₹3,192 per sq ft, so this one is 50% above 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 26 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID SBIN77054969561)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 18 Nov 2026, 03:00 PM. It is refunded if you don't win.
5. Bid online on 18 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.