2,400 sq ft Commercial Building for Auction in Thrissur – SIB

Property Details

Property type

Commercial Building (Commercial)

Possession

Physical Possession

Area

2,400 sq ft

Reserve price / sq ft

₹7,884

Locality

—

City

Thrissur

State

Kerala

Address

All that part and parcel of land admeasuring 30.95 Ares (2.35 Ares + 4.70 Ares + 15.95 Ares + 7.95 Ares) along with Building thereon having built up area admeasuring 2400 Sq. ft. (approx) along with all other constructions, improvements, easementary rights existing and appurtenant thereon situated in Old Sy No. 686/p, 683/p, 682/1p, 681/2p Re Sy No. 301/1 within Enkakkad Village, Thalapilly Taluk. Thrissur District and owned by Sujith Ramakrishnan morefully described in Sale Deed no 98/2018 dated 09-01-2018 of Sub Registrar Office Wadakkanchery and bounded on -North : Road and Property of Nabeesa etc South : Property of Jabir etc East : Vazhy & Property of Hussain etc West : Vazhy & Property of Basheer etc View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

Punkunnam Branch

Auction type

SARFAESI Auction

Borrower

Mr D**** S*****

Auction start

09 Dec 2026

Auction end

09 Dec 2026, 11:00 AM

EMD submission deadline

08 Dec 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 472449

Price Check

This listing's reserve price works out to ₹7,884 per sq ft. The average across commercial bank auctions in Thrissur on our site is ₹4,495 per sq ft, so this one is 75% above 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 472449), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹18,92,100 before 08 Dec 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 9 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.