61.47 cent Land for Auction in Palakkad – Kerala Bank

Property Details

Property type

Land (Land & Agricultural)

Possession

Not specified

Area

61.47 cent (≈ 26,776 sq ft)

Reserve price / sq ft

₹46

Locality

—

City

Palakkad

State

Kerala

Address

In Mannarkkad Taluk of Palakkad District, in Kottoppadam III Village, Block No-49, old. Survey No. 14/1-19 Re. Survey No. 97, 0.2489 HC (61.47 Cent) and all rights thereto. East - Property of the children Aliparambil Moidunni Kurikkal.,South - Property of the children Aliparambil Moidunni Kurikkal.,West – Way and land of Cheruth Mohammed Shareef and Hamsa, North - Property of Karuppan, Pariyani and Putupparambi l Mammed View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Kerala State Co-operative Bank

Branch

The Kerala State Co-operative Bank Ltd. Regional Office, Palakkad, Sulthanpet - RO

Auction type

SARFAESI Auction

Borrower

The K***** S**** C***** B*** L***

Auction start

30 Nov 2026, 11:00 AM

Auction end

30 Nov 2026, 04:00 PM

EMD submission deadline

27 Nov 2026, 04:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

C1 India

Price Check

This listing's reserve price works out to ₹46 per sq ft. The average across land & agricultural bank auctions in Palakkad on our site is ₹657 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 (open notice).
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 (C1 India), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹1,22,900 before 27 Nov 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 30 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.