0.01 hectare Land for Auction in Palakkad – Kerala Gramin

Property Details

Property type

Land (Land & Agricultural)

Possession

Not specified

Area

0.01 hectare (≈ 968 sq ft)

Reserve price / sq ft

₹1,056

Locality

—

City

Palakkad

State

Kerala

Address

All the part and parcel of the property consisting of 0.0090 Hectares in Re Sy. No. 86 in Palakkad III Village, Palakkad Taluk, Palakkad District Boundaries: North – Property of Hari East – Property of Madhavan South – Muncipal Road West - Muncipal Road View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Kerala Gramin Bank

Branch

Kerala Gramin Bank, Regional Office, Palakkad - BO

Auction type

SARFAESI Auction

Borrower

SRI S***** M

Auction start

30 Nov 2026, 11:00 AM

Auction end

30 Nov 2026, 12:30 PM

EMD submission deadline

23 Nov 2026, 04:00 PM

Inspection

13 Nov 2026, 02:00 PM – 21 Nov 2026, 04:00 PM

Authorised officer

—

Officer contact

—

E-auction portal

C1 India

Price Check

This listing's reserve price works out to ₹1,056 per sq ft. The average across land & agricultural bank auctions in Palakkad on our site is ₹657 per sq ft, so this one is 61% above 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 13 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 ₹1,02,300 before 23 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.