2.42 acres Office for Auction in Kanjirappally, Kottayam – Canara

Property Details

Property type

Office (Commercial)

Possession

Physical Possession

Area

2.42 acres (≈ 1,05,415 sq ft)

Reserve price / sq ft

₹228

Locality

Kanjirappally

City

Kottayam

State

Kerala

Pincode

686507

Address

Kanjirappally, Kerala, 686507 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

ERNAKULAM SPECIALISED ARM BRANCH

Auction type

DRT Auction

Borrower

SUKHODAYAM A***** P*****

Auction start

27 Nov 2026, 11:00 AM

Auction end

27 Nov 2026, 11:30 AM

EMD submission deadline

25 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

kurian M k

Officer contact

9400458241

E-auction portal

BAANKNET (Property ID CNRB24725070)

Price Check

This listing's reserve price works out to ₹228 per sq ft. The average across commercial bank auctions in Kottayam on our site is ₹8,260 per sq ft, so this one is 97% 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 (BAANKNET (Property ID CNRB24725070)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 25 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 27 Nov 2026 starting above the reserve price.
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.