900 sq ft Commercial Building for Auction in Thrissur – Dhanlaxmi

Property Details

Property type

Commercial Building (Commercial)

Possession

Not specified

Area

900 sq ft

Reserve price / sq ft

₹2,889

Locality

—

City

Thrissur

State

Kerala

Address

EM of 0.0182 hector (4.50 cents) of land with 900 sq.ft residential building under Sy No 374/1 in Veluthur Village, Thrissur Taluk, Thrissur District in the name of Mr.Anu V U, Sale Deed No 2373/2019 dated 20.09.2019 of SRO AyyantholeBoundariesEast Property of Sudheesh and Anju West Panchayath Road South Private road North Private road View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Dhanlaxmi Bank

Branch

Medical College, Mulakunnathukavu

Auction type

SARFAESI Auction

Borrower

Mr A** VU

Auction start

17 Dec 2026, 10:00 AM

Auction end

17 Dec 2026, 04:00 PM

EMD submission deadline

16 Dec 2026, 04:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

4Closure · Listing 2450920

Price Check

This listing's reserve price works out to ₹2,889 per sq ft. The average across commercial bank auctions in Thrissur on our site is ₹4,495 per sq ft, so this one is 36% 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 (4Closure · Listing 2450920), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹2,60,000 before 16 Dec 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 17 Dec 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.