29.5 cent Land & Building for Auction in Kasaragod – SIB

Property Details

Property type

Land & Building (Residential)

Possession

Physical Possession

Area

29.5 cent (≈ 12,850 sq ft)

Reserve price / sq ft

₹1,401

Locality

—

City

Kasaragod

State

Kerala

Address

A) All that part and parcel of land admeasuring 29.5 Cents with residential building measuring 6452.10 sq.ft along with all other usufructs, improvements thereon comprised in Re.Sy Nos. 129/2A and 129/28 of Chengala Village, Kasaragod Taluk, Kasaragod District more particularly described in Registered Jenmam Deed No.2788/2016 dated 04.07.2016 of SRO Kasaragod. BOUNDARIES: North: Property of Sidique, East: Property of Riyas, South: Common Road & West: Aboobakker Sidique. B) All that part and parcel of land admeasuring 38.5 Cents along with all other usufructs and improvements thereon comprised in Re Sy Nos. 129/2A and 129/28 situated Chengala Village, Kasaragod Taluk, Kasaragod District more particularly described in Registered Jenmam Deed No.2788/2016 dated 04.07.2016 of SRO Kasaragod. BOUNDARIES: North: Road & Property of Riyas, East: Property of Suharabi & Road, South: Property of Muhammed Kunhi and West: Property of Aboobakker Sidique View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

Kasaragod Branch

Auction type

SARFAESI Auction

Borrower

Mr.Ashraf B

Auction start

25 Nov 2026, 02:45 PM

Auction end

25 Nov 2026, 03:15 PM

EMD submission deadline

24 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

4Closure · Listing 2457644

Price Check

This listing's reserve price works out to ₹1,401 per sq ft. The average across residential bank auctions in Kasaragod on our site is ₹2,063 per sq ft, so this one is 32% 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 2457644), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹18,00,000 before 24 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 25 Nov 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.