9 cent House for Auction in Kottayam – SIB

Property Details

Property type

House (Residential)

Possession

Physical Possession

Area

9 cent (≈ 3,920 sq ft)

Reserve price / sq ft

₹1,967

Locality

—

City

Kottayam

State

Kerala

Address

All that part and parcel of land admeasuring 3.64 Ares (equivalent to 9 Cents) along with right of way through a private road specified in the deed and residential building of Kottayam Municipality and all other constructions, improvements, easementary rights existing and all appurtenants thereon situated in Re. Sy. No. 122 (Old Sy.No.67/13/2) in Block No.150 of Kottayam Village, Kottayam Taluk and within Kottayam District in the name of Smt. Vrinda Rajesh, Sri. Rajeev K N and Smt. Sandhya K V, obtained vide Sale Deed No.1417/2011 dated 24.05.2011 of Sub Registrar Office Kottayam and bounded on:North by property of Sreekumar and Vazhy,East by property of Ramesh Kumar of Saroja Bhavan,South by property of Azhaku Sundari of VarikkemadamWest by property of K C Sabu and Vazhy to the aforementioned property View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

Nagambadom

Auction type

SARFAESI Auction

Borrower

Mr. R***** K**

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 470845

Price Check

This listing's reserve price works out to ₹1,967 per sq ft. The average across residential bank auctions in Kottayam on our site is ₹3,192 per sq ft, so this one is 38% 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 470845), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹7,71,100 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.