27.25 cent Office for Auction in Kochi – SIB

Property Details

Property type

Office (Commercial)

Possession

Not specified

Area

27.25 cent (≈ 11,870 sq ft)

Reserve price / sq ft

₹1,033

Locality

—

City

Kochi

State

Kerala

Address

All that part and parcel of land admeasuring 11.03 Ares (27.25 Cents) and all constructions, Improvements, easementary rights existing and appurtenant thereon situated in Sy No. 30-8-1-1 within Karunapuram Village, Udumbanchola Taluk, Idukki District and owned by Mrs. Ancy Mathew, morefully described in Sale Daed No. 1848/2021 dated 11.08.2021 of Sub Registrar Office Udumbanchola and BOUNDED on, North: Property of KJ Joseph South: Road, East: Property of Mohanan, West: Property of Joseph Sebastian, Shijo Joseph and Joseph Mathew View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

—

Auction type

SARFAESI Auction

Borrower

—

Auction start

11 Dec 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 469037

Price Check

This listing's reserve price works out to ₹1,033 per sq ft. The average across commercial bank auctions in Kochi on our site is ₹2,726 per sq ft, so this one is 62% 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 469037), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before —. It is refunded if you don't win.
5. Bid online on 11 Dec 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.