500 cent Commercial Building for Auction in Kochi – SIB

Property Details

Property type

Commercial Building (Commercial)

Possession

Physical Possession

Area

500 cent (≈ 2,17,800 sq ft)

Reserve price / sq ft

₹167

Locality

—

City

Kochi

State

Kerala

Address

All that piece and parcel of land admeasuring 202.35 Ares (500 cents) along with College building with approximate area of 1989.31 Sq Mits. with Door No.III/15-A of Kadavoor Village and all other improvements therein situated in Sy No.1077/1/68 of Kadavoor Village, Kothamangalam Taluk, Ernakulam District owned by Guruchaithanya Charitable Trust and covered under Sale deed No.34/2014 dated 04.01.2014 of Kothamangalam SRO Bounded on North by Property of Padinjatti, South by Property of Kattarkudy, East by Mangulam Estate and West by Remaining property of Guruchaithanya Charitable Trust View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

Perumbavoor Branch

Auction type

SARFAESI Auction

Borrower

M/s G*** C***** C***** T****

Auction start

10 Dec 2026

Auction end

10 Dec 2026, 10:30 AM

EMD submission deadline

09 Dec 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 471602

Price Check

This listing's reserve price works out to ₹167 per sq ft. The average across commercial bank auctions in Kochi on our site is ₹3,415 per sq ft, so this one is 95% 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.

Previous Auctions of This Property

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 (AuctionTiger · Auction ID 471602), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹36,40,000 before 09 Dec 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 10 Dec 2026 starting above the reserve price, in multiples of ₹1,00,000.
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.