404.68 sq meter Residential Plot for Auction in Manjeri, Malappuram – Indian Bank

Property Details

Property type

Residential Plot (Residential)

Possession

Physical Possession

Area

404.68 sq meter (≈ 4,355 sq ft)

Reserve price / sq ft

₹230

Locality

Manjeri

City

Malappuram

State

Kerala

Pincode

676123

Address

Manjeri, Kerala, 676123 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Indian Bank

Branch

MANJERI - 2101

Auction type

SARFAESI Auction

Borrower

M/S S**** T*** P***** K**** P

Auction start

20 Nov 2026, 11:00 AM

Auction end

20 Nov 2026, 05:00 PM

EMD submission deadline

20 Nov 2026, 04:59 PM

Inspection

06 Nov 2026, 10:00 AM – 19 Nov 2026, 05:00 PM

Authorised officer

NISHAN SALAM

Officer contact

9446033801

E-auction portal

BAANKNET (Property ID IDIB3264766686)

Price Check

This listing's reserve price works out to ₹230 per sq ft. The average across residential bank auctions in Malappuram on our site is ₹5,554 per sq ft, so this one is 96% 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 6 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID IDIB3264766686)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 20 Nov 2026, 04:59 PM. It is refunded if you don't win.
5. Bid online on 20 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.