42 cent Land & Building for Auction in Malappuram – SIB

Property Details

Property type

Land & Building (Residential)

Possession

Physical Possession

Area

42 cent (≈ 18,295 sq ft)

Reserve price / sq ft

₹421

Locality

—

City

Malappuram

State

Kerala

Address

All that part and parcel of land admeasuring 17.00 Ares (equivalent to 42.00 Cents) comprised in Re. Sy. No. 134/8 and 2.43 Ares (equivalent to 6.00 Cents) comprised in Re. Sy. No. 153/3 (totally admeasuring 19.43 Ares equivalent to 48.00 Cents) along with residential building having plinth area of 3780 Sq.ft. with all other usufructs and improvements thereon, situated in Irimbiliyam Village, Tirur Taluk, Malappuram District owned by Mr. Krishnakumar K V, more particularly described in Gift Deed No. 861/2015 dated 06.03.2015 (registered on 09.03.2015) of SRO - Kuttippuram. BOUNDARIES as per Location Map issued by Village Office, Irimbiliyam: East: Panchayath Road, North: 10 Feet Way, West: Property of Sulochana Amma, South: Property of Konthampalliyalil Sainaba and Edavazhy. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

Valancherry Branch

Auction type

SARFAESI Auction

Borrower

Mr. K***** K V

Auction start

04 Dec 2026, 02:00 PM

Auction end

04 Dec 2026, 02:30 PM

EMD submission deadline

03 Dec 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

4Closure · Listing 2462695

Price Check

This listing's reserve price works out to ₹421 per sq ft. The average across residential bank auctions in Malappuram on our site is ₹5,554 per sq ft, so this one is 92% 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 (4Closure · Listing 2462695), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹7,70,000 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.