6.13 cent Commercial Building for Auction in Thrissur – SIB

Property Details

Property type

Commercial Building (Commercial)

Possession

Physical Possession

Area

6.13 cent (≈ 2,671 sq ft)

Reserve price / sq ft

₹820

Locality

—

City

Thrissur

State

Kerala

Address

All that piece and parcel of land having an extent of 6.134 cents (Approximately equivalent to 2.49 ares) with all rights and improvements thereon along with a building approximately with 1800 sq ft (X/315) situated in Survey No. 303/1P in Nettissery Village, Thrissur Taluk, Thrissur District, owned by Mr Francis C D and more fully mentioned in Sale deed No. 1843/1992 dated 22.06.1992 registered at Sub Registrar Office, Ollukkara and bounded as follows North Property of Chirayath Papachan (Property of Papachan as per primary Title deed)South Canal RoadEast Tar Road and Property of Palliyil Chandran (Property of Palliyil Chandran as per primary tile deed)West Property of Smt Lizzy Johny (Canal and property of Papachan as per primary title deed) View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

Ollukkara Branch

Auction type

SARFAESI Auction

Borrower

Mr C D F*****

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 471861

Price Check

This listing's reserve price works out to ₹820 per sq ft. The average across commercial bank auctions in Thrissur on our site is ₹4,495 per sq ft, so this one is 82% 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.

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 471861), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹2,19,200 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.