9 cent Commercial Building for Auction in Thrissur – SIB

Property Details

Property type

Commercial Building (Commercial)

Possession

Physical Possession

Area

9 cent (≈ 3,920 sq ft)

Reserve price / sq ft

₹2,398

Locality

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City

Thrissur

State

Kerala

Address

All that piece and parcel of land having an extent of 3.64 Ares (Approximately equivalent to 9 cents) with all rights and improvements thereon along with building having an approximate area of 5290.14 Sq. ft. constructed thereon in Old Survey No. 206/Part and Re Sy No 217/5; in Kuttur Village, Thrissur Taluk, Thrissur District, owned by Mr Vincent Alappatt and Mrs Meena Alappatt and more fully mentioned in Sale Deed No. 5830 of 1999 dated 07/12/1999 registered at Sub Registrar Office, Ayyanthole and bounded as follows -North : Property of Putthukkara Varghese (property of Putthukkara Anthony as per primary title deed) South : Road East : RoadWest : Property of Kanjiraparambil Jose View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

Thrissur East fort Branch

Auction type

SARFAESI Auction

Borrower

M/s S***** A***** J*****

Auction start

04 Dec 2026

Auction end

04 Dec 2026, 10:30 AM

EMD submission deadline

03 Dec 2026, 05:00 PM

Inspection

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Authorised officer

—

Officer contact

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E-auction portal

AuctionTiger · Auction ID 471860

Price Check

This listing's reserve price works out to ₹2,398 per sq ft. The average across commercial bank auctions in Thrissur on our site is ₹4,495 per sq ft, so this one is 47% 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 471860), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹9,40,000 before 03 Dec 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 4 Dec 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.