Office for Auction in Kochi – Canara

Property Details

Property type

Office (Commercial)

Possession

Not specified

Locality

—

City

Kochi

State

Kerala

Pincode

682036

Address

OFFICE OF THE RECOVERY OFFICER D E B T S R E C O V E R Y T R I B U N A L - I ERNAKULAM 5 th Floor, K.S.H.B. Building, Panampilly Nagar, Ernakulam – 682036 □ 0484 –2324780 | e-mail: ro2drtekulam-dfs@nic.in PROCLAMATION OF SALE DRC No. 176/2017 e-Sale No 63/2026 PROCLAMATION OF SALE UNDER RULES 52, 53 & 54 OF SECOND SCHEDULE TO THE INCOME TAX ACT, 1961 READ WITH THE RECOVERY OF DEBTS AND BANKRUPTCY ACT, 1993 Canara Bank Vs. Ummer V.P and another Whereas (1) Shri Ummer V.P, S/o V.P Moideen, Vazhiparambil House, Payyanadam P.O, Palakkad, Kerala-678583 (2) Shri Unnikrishnan P, S/o Lakshmanan, Parayamkattil House, Puthukkudi, Payyanadam P.O, Palakkad, Kerala-678583 , have failed to pay the sum of Rs. 83,42,617.14 (Rupees eighty three lakhs forty two thousand six hundred seventeen thousand and paisa fourteen only), as on 07.07.2017, payable by them in respect of the Recovery Certificate No. 176/2017 in OA No. 393/2015 issued by the Presiding Officer, Debts Recovery Tribunal-1, Ernakulam, and the interest and costs payable as per the Certificate. And whereas the undersigned has ordered the sale of the property mentioned in the schedule below in satisfaction of the said certificate. And whereas there will be due thereunder, a sum of Rs. 1,57,92,139.00 (Rupees One Crore fifty seven lakhs ninety two thousand one hundred thirty nine only) as on 27.10.2026 Besides, there shall be future interest, costs and expenses also. Notice is hereby given that in absence of any order of postponement, View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

DEBTS RECOVERY TRIBUNAL ERNAKULAM(DRT 1)

Auction type

DRT Auction

Borrower

Ummer V P a** a*****

Auction start

30 Dec 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

Recovery Officer, Ernakulam DRT

Officer contact

—

E-auction portal

DEBTS RECOVERY TRIBUNAL ERNAKULAM(DRT 1)

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues (open notice).
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 (DEBTS RECOVERY TRIBUNAL ERNAKULAM(DRT 1)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹3,50,000 before —. It is refunded if you don't win.
5. Bid online on 30 Dec 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.