14.25 cent House for Auction in Kozhikode – SIB

Property Details

Property type

House (Residential)

Possession

Physical Possession

Area

14.25 cent (≈ 6,207 sq ft)

Reserve price / sq ft

₹427

Locality

—

City

Kozhikode

State

Kerala

Address

All that part and parcel of land admeasuring 5.767 Ares (equivalent to 14.25 Cents) along with residential building having built up area of 1200 Sq.Ft. (Approx.) bearing No. 8/32 A of Unnikulam Grama Panchayath and all other usufructs and improvements thereon, comprised in Re Sy No. 39/1 B (Old Sy. No. 55/4, 42/2) situated in Unnikulam Village, Koyilandi Taluk, Kozhikode District and owned by Mr. Shameem K, more particularly described in Kanam Assignment Deed No. 2138/1986 dated 24-06-1986 (registered on 29-07-1986) of SRO Thamarassery Town and Kanam Release Deed No. 1009/2017 dated 31-03-2017 (registered on 11-04-2017) of SRO Thamarassery Town with following boundaries:-North: RoadEast: Property of KumaranSouth: Property of ImbichanWest: Property of Imbichi Ayisha(As per Location Certificate issued by Village Office, Unnikulam) View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

Poonoor

Auction type

SARFAESI Auction

Borrower

Mr S***** K

Auction start

03 Dec 2026

Auction end

03 Dec 2026, 11:30 AM

EMD submission deadline

02 Dec 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 471334

Price Check

This listing's reserve price works out to ₹427 per sq ft. The average across residential bank auctions in Kozhikode on our site is ₹8,084 per sq ft, so this one is 95% 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 471334), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹2,65,300 before 02 Dec 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 3 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.