57.45 cent Land for Auction in Kannur – SIB

Property Details

Property type

Land (Land & Agricultural)

Possession

Physical Possession

Area

57.45 cent (≈ 25,025 sq ft)

Reserve price / sq ft

₹145

Locality

—

City

Kannur

State

Kerala

Address

All that part and parcel of land admeasuring 57.45 Cents 8.30 Cents 19.71 Cents 29.44 Cents along with constructions,improvements, easementary rights existing and appurtenant thereon situated in Old Sy.No.44, Re.Sy.No.54/1, New Re.Sy.Nos. 55/3,55/1 & 51/4 at Block No.82 of Kannavam Village, Thalassery Taluk,Kannur District and owned by Mr Sahadevan P,more fully described in Registered Jenmam Assignment Deed No.2104/93 dated 14.09.1993 of Sub Registrar Office Kuthuparamba and bounded on (as per title deed); North: Property of Matha East: Property of Reeja South: Property of Kunhikannan West: Mud Road and Other Property View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

Kuthuparamba Branch

Auction type

SARFAESI Auction

Borrower

Mr. S***** P

Auction start

17 Nov 2026

Auction end

17 Nov 2026, 12:30 PM

EMD submission deadline

16 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 468695

Price Check

This listing's reserve price works out to ₹145 per sq ft. The average across land & agricultural bank auctions in Kannur on our site is ₹512 per sq ft, so this one is 72% 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 468695), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹3,63,000 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.