19.2 cent House for Auction in Kozhikode – SIB

Property Details

Property type

House (Residential)

Possession

Physical Possession

Area

19.2 cent (≈ 8,363 sq ft)

Reserve price / sq ft

₹550

Locality

—

City

Kozhikode

State

Kerala

Address

All that part and parcel of land admeasuring 7.77 Ares (equivalent to 19.20 Cents) along with a residential building having built up area of 2100 Sq. Ft. (Approx.) and all other usufructs and improvements thereon, in Re Sy. No. 8/5 (Old Sy. No. 10/1), situated in Vavad Village, Thamarasserry Taluk (Previously Kozhikode Taluk), Kozhikode District, owned by Mr. N K Siyyali more particularly described in Jenmam Assignment Deed No.1077/1996 dated 22/03/1996 (registered on 23/03/1996) of SRO, Koduvally, with following boundaries:-1st Takh 102 Cents East: Edavazhi South: Thak No.2 herein West: Property of Ukkayya North: Property of Ayammed-Kutty and Others 2nd Takh 17.2 cents) East: Edavazhy South: Rest of the property West: Property of Ukkayya North: Thak No.1 herein(As per Location Certificate dated 12.03.2015 issued by Village Office, Vavad) East: Property of PM Ahmmedkutty Haji, Way South: Property of T P Abdurahiman West: Property of T P Abdurahiman North: Property of Ayammedkutty View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

Kozhikode West Hill Branch

Auction type

SARFAESI Auction

Borrower

Lavanya T***** C*****

Auction start

27 Nov 2026

Auction end

27 Nov 2026, 11:30 AM

EMD submission deadline

26 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 470065

Price Check

This listing's reserve price works out to ₹550 per sq ft. The average across residential bank auctions in Kozhikode on our site is ₹8,084 per sq ft, so this one is 93% 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 470065), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹4,60,000 before 26 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 27 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.