14 cent House for Auction in Kozhikode – SIB

Property Details

Property type

House (Residential)

Possession

Physical Possession

Area

14 cent (≈ 6,098 sq ft)

Reserve price / sq ft

₹1,017

Locality

—

City

Kozhikode

State

Kerala

Address

All that part and parcel of land admeasuring 5.666 Ares (equivalent to 14.00 Cents) along with residential building having built up area of 2500 Sq.Ft. (Approx.) and all other usufructs and improvements thereon, comprised in Re Sy. No. 11/7 (Old Sy. No. 14/5), situated in Vavad Village, Thamarassery Taluk, Kozhikode District, owned by Mr. Abdul Majeed KP, more particularly described in Jenmam Assignment Deed No. 240/2017 dated 01.02.2017 of SRO Koduvally, with following boundaries:- East: Property of Sulaikha South: Property of Moosa Haji West: Property of Gafoor North: Road View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

Thamarassery Branch

Auction type

SARFAESI Auction

Borrower

Mrs. R***** K K

Auction start

17 Nov 2026

Auction end

17 Nov 2026, 01:00 PM

EMD submission deadline

16 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 468705

Price Check

This listing's reserve price works out to ₹1,017 per sq ft. The average across residential bank auctions in Kozhikode on our site is ₹8,084 per sq ft, so this one is 87% 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 (AuctionTiger · Auction ID 468705), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹6,20,000 before 16 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 17 Nov 2026 starting above the reserve price, in multiples of ₹10,000.
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.