Commercial Building for Auction in Kottayam – SIB

Property Details

Property type

Commercial Building (Commercial)

Possession

Physical Possession

Locality

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City

Kottayam

State

Kerala

Address

2) Land admeasuring 5.06 Ares (4.40 Ares as per revenue records) along with building and other usufructs and improvements thereon situated in Re. Sy No.221/9, Block No.15 Chirakadavu Village, Kanjirapally Taluk, Kottayam District in the name of Mr. Jacob Thomas vide Settlement Deed No.3754/1987 dated 16.11.1987 bounded on the North by Property of Narayanan, Property of Kochu Kochu & Temple Pond, East by Property of Anuvelil and Thanathu Property, South by Thanathu Property, Road and Kalapurakkal Propety and West by Property of Koipurath, Thodu & Thanathu Property. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

Ponkunnam Branch

Auction type

SARFAESI Auction

Borrower

M/s E*** I*****

Auction start

30 Nov 2026

Auction end

30 Nov 2026, 11:00 AM

EMD submission deadline

27 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 472275

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 472275), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹6,30,000 before 27 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 30 Nov 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.