Commercial Building SARFAESI Auction

35.35 cent Commercial Building for Auction in Kozhikode – SIB

Kozhikode, Kerala · Auction ID #112962

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Reserve Price ₹72,21,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 03 Dec 2026 In 19 days
EMD Last Date —
Area35.35 cent
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Property Details

Property type
Commercial Building (Commercial)
Possession
Not specified
Area
35.35 cent (≈ 15,397 sq ft)
Reserve price / sq ft
₹469
Locality
—
State
Kerala
Address
All that part and parcel of land admeasuring 35.347 Cents along with building thereon and all other constructions, improvements, easementary rights existing and appurtenant thereon situated in Sy No. 43/3 within Neduva Village, Tirurangadi Taluk, Malappuram District and owned by Mr. Kunhikoya O & Mr. Subair O, morefully described in Jenm Assignment Deed No. 1678/2005 dated 28-05-2005 of Sub Registrar Office - Parappanangadi and bounded on;North: Madathile Parambu and AmbalakulamSouth: Panchayath VazhiEast: Ambalakulam and way to the KulamWest: Portion of paramba assigned earlier View on map

Description (as per sale notice)

All that part and parcel of land admeasuring 35.347 Cents along with building thereon and all other constructions, improvements, easementary rights existing and appurtenant thereon situated in Sy No. 43/3 within Neduva Village, Tirurangadi Taluk, Malappuram District and owned by Mr. Kunhikoya O & Mr. Subair O, morefully described in Jenm Assignment Deed No. 1678/2005 dated 28-05-2005 of Sub Registrar Office - Parappanangadi and bounded on;North: Madathile Parambu and AmbalakulamSouth: Panchayath VazhiEast: Ambalakulam and way to the KulamWest: Portion of paramba assigned earlier
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Bank & Auction Details

Bank / Lender
South Indian Bank
Branch
—
Auction type
SARFAESI Auction
Borrower
—
Auction start
03 Dec 2026
Auction end
—
EMD submission deadline
—
Inspection
—
Authorised officer
—
Officer contact
—
E-auction portal
AuctionTiger · Auction ID 471331
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Price Check

This listing's reserve price works out to ₹469 per sq ft. The average across commercial bank auctions in Kozhikode on our site is ₹4,052 per sq ft, so this one is 88% 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 471331), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before —. It is refunded if you don't win.
  5. Bid online on 3 Dec 2026 starting above the reserve price.
  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.

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Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with South Indian Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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