Commercial Building for Auction in Kottayam – SIB

Property Details

Property type

Commercial Building (Commercial)

Possession

Physical Possession

Locality

—

City

Kottayam

State

Kerala

Address

Item No. I All that part and parcel of property having an extent of 1.82 Ares with Building in. B Old 86/15 86/11, Re Sy No: 685/1/4/1 Panachikad Village, Kottayam, Taluk, Kottayam District, in the name of Mrs Sathy Babu vide Sale Deed No. 595/2015 dated 24.04.2015 of Puthupally SRO, bounded on the North Property of P K Babu, South: Property of Vasavan, East :Property of Vasavan and West: Property of VasavanItem No. II All that part and parcel of property having an extent of 4.35 Ares with building in Old Sy.No 86/11, Sy. No. 685/13 Panachikad Village, Kottayam Taluk, Kottayam District, in the name of Mrs Sathy Babu vide Sale Deed No. 2405/2011 dated 14.12.2011 of Puthupally SRO, bounded on the North: Parayil Property, South: Property of Ittiyathy Vasavan, East: Property of Ittiyathy Vasavan, West: Public Road View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

VAKATHANAM BRANCH

Auction type

SARFAESI Auction

Borrower

M/s A** A*****

Auction start

04 Dec 2026

Auction end

04 Dec 2026, 11:00 AM

EMD submission deadline

03 Dec 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 472434

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 472434), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹2,05,000 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.