4,356 sq feet Residential Plot for Auction in Vadakkemuri, Vaikom, Kottayam – Canara

Property Details

Property type

Residential Plot (Residential)

Possession

Symbolic Possession

Area

4,356 sq feet (≈ 4,356 sq ft)

Reserve price / sq ft

₹321

Locality

Vadakkemuri, Vaikom

City

Kottayam

State

Kerala

Pincode

686143

Address

VADAKKEMURI, Vaikom, Kerala, 686143 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

KOTTAYAM SANKRANTHI-3962

Auction type

SARFAESI Auction

Borrower

Shihabudeen K***** V*****

Auction start

26 Nov 2026, 02:00 PM

Auction end

26 Nov 2026, 04:00 PM

EMD submission deadline

26 Nov 2026, 04:00 PM

Inspection

25 Nov 2026, 02:00 PM – 25 Nov 2026, 04:00 PM

Authorised officer

SALIN K P

Officer contact

9446432362

E-auction portal

BAANKNET (Property ID CNRB16000334316)

Price Check

This listing's reserve price works out to ₹321 per sq ft. The average across residential bank auctions in Kottayam on our site is ₹3,192 per sq ft, so this one is 90% 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 25 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CNRB16000334316)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 26 Nov 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 26 Nov 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.