35.35 cent Land & Building for Auction in Malappuram – SIB

Property Details

Property type

Land & Building (Residential)

Possession

Physical Possession

Area

35.35 cent (≈ 15,397 sq ft)

Reserve price / sq ft

₹469

Locality

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City

Malappuram

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)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

Tirurangadi

Auction type

SARFAESI Auction

Borrower

Mr H***** K

Auction start

03 Dec 2026, 10:30 AM

Auction end

03 Dec 2026, 11:00 AM

EMD submission deadline

02 Dec 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

4Closure · Listing 2456550

Price Check

This listing's reserve price works out to ₹469 per sq ft. The average across residential bank auctions in Malappuram on our site is ₹5,554 per sq ft, so this one is 92% 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 2456550), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹7,22,100 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.