11.3 cent Land for Auction in Malappuram – Kerala Bank

Property Details

Property type

Land (Land & Agricultural)

Possession

Not specified

Area

11.3 cent (≈ 4,922 sq ft)

Reserve price / sq ft

₹314

Locality

—

City

Malappuram

State

Kerala

Address

11.30 Cents of Land and all other improvements comprised in Re Sy No. 130 pt in Chokkad Village, Nilambur Taluk, Malappuram District in the name of Sri. Rafeekh. Boundaries:- (6627/2014) East : 11 feet way South : Owned by Abdul Jaleel West : Sold by Bushra, Thadiyan Moosa North : Sold by Akbar 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 Officer, Palakkad - BO

Auction type

SARFAESI Auction

Borrower

Sri. R***** KP

Auction start

30 Nov 2026, 11:00 AM

Auction end

30 Nov 2026, 05:00 PM

EMD submission deadline

25 Nov 2026, 04:00 PM

Inspection

05 Nov 2026, 10:00 AM – 20 Nov 2026, 05:00 PM

Authorised officer

—

Officer contact

—

E-auction portal

C1 India

Price Check

This listing's reserve price works out to ₹314 per sq ft. The average across land & agricultural bank auctions in Malappuram on our site is ₹937 per sq ft, so this one is 66% 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 5 Nov 2026 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 ₹1,54,400 before 25 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.