1,200 sq ft Commercial Building for Auction in Thrissur – SIB

Property Details

Property type

Commercial Building (Commercial)

Possession

Physical Possession

Area

1,200 sq ft

Reserve price / sq ft

₹2,192

Locality

—

City

Thrissur

State

Kerala

Address

All that part and parcel of land admeasuring 14.57 Ares along with building having total built in area of 1200 Sq.ft (approx.) and all other constructions, improvements, easementary rights existing and appurtenant thereon situated in Sy.No. 225/3 and Re Sy No. 214/5 of Manalithara Village, Thalappilly Taluk, Thrissur District and owned by Mr. Jayadevan more or fully described in Settlement Deed No. 3626/2007 dated 01.08.2007 of Sub Registrar Office Wadakkanchery and bounded on North Canal Road East Property of Bhaskaran and Raveendran South: Property of Gopinathan West: Property of Dhakshayani Amma View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

Wadakkanchery Branch

Auction type

SARFAESI Auction

Borrower

M/s S***** D*****

Auction start

04 Dec 2026

Auction end

04 Dec 2026, 10:30 AM

EMD submission deadline

03 Dec 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 471853

Price Check

This listing's reserve price works out to ₹2,192 per sq ft. The average across commercial bank auctions in Thrissur on our site is ₹4,495 per sq ft, so this one is 51% 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 471853), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹2,63,000 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.