133 sq meter Factory for Auction in Vavarambalam, Iroopara, Thiruvananthapuram – SBI

Property Details

Property type

Factory (Industrial)

Possession

Physical Possession

Area

133 sq meter (≈ 1,431 sq ft)

Reserve price / sq ft

₹3,624

Locality

Vavarambalam, Iroopara

City

Thiruvananthapuram

State

Kerala

Pincode

695584

Address

Vavarambalam, Iroopara, Kerala, 695584 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

State Bank of India

Branch

SARB THIRUVANANTHAPURAM-10058

Auction type

SARFAESI Auction

Borrower

Nasudeen A

Auction start

30 Nov 2026, 11:00 AM

Auction end

30 Nov 2026, 04:00 PM

EMD submission deadline

30 Nov 2026, 04:00 PM

Inspection

20 Nov 2026, 11:00 AM – 27 Nov 2026, 04:00 PM

Authorised officer

Manoj G

Officer contact

8943064333

E-auction portal

BAANKNET (Property ID SBIN200051277821)

Price Check

This listing's reserve price works out to ₹3,624 per sq ft. The average across industrial bank auctions in Thiruvananthapuram on our site is ₹2,779 per sq ft, so this one is 30% above 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 20 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID SBIN200051277821)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 30 Nov 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 30 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.