Commercial Building for Auction in Kannur – SIB

Property Details

Property type

Commercial Building (Commercial)

Possession

Physical Possession

Locality

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City

Kannur

State

Kerala

Address

All that part and parcel of land admeasuring 15.08 Ares along with Building thereon having built up area of 726 Sq. mt. (approx.) along with all other constructions, improvements, easementary rights existing and appurtenant thereon situated in Old Sy No. 431/A6, 430/1, 431/1A, 431/1A6, 430/9, 430/8, Re Sy No. 322/5, 322/12, 322/13, 322/8 within Pappinisseri Village, Kannur Taluk, Kalliasseri Sub Registration District, Kannur District and owned by the legal heirs of Late Mohammed Ashraf PK and Late C Abdulmajeed and bounded on,North: Thodu, Property of Rahim MasterSouth: Fila Complex, Property of Azeel ; Others, Thodu Mud Road and Property of Muhammed Ashraf,East: Road, Property of Muhammed Ashraf, Thodu and Property of JanardananWest: Mud Road, Property of Janardhanan and Thodu, View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

Kannur Main Branch

Auction type

SARFAESI Auction

Borrower

M/s A**** G***

Auction start

25 Nov 2026

Auction end

25 Nov 2026, 11:00 AM

EMD submission deadline

24 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

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E-auction portal

AuctionTiger · Auction ID 470854

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 470854), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹29,56,700 before 24 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 25 Nov 2026 starting above the reserve price, in multiples of ₹50,000.
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.