77 cent Land for Auction in Kochi – SIB

Property Details

Property type

Land (Land & Agricultural)

Possession

Not specified

Area

77 cent (≈ 33,541 sq ft)

Reserve price / sq ft

₹918

Locality

—

City

Kochi

State

Kerala

Address

All that part and parcel of land admeasuring 31.16 Ares equivalent to 77 cents along with all constructions, improvements, easementary rights existing and appurtenant thereon situated in Sy.No. 982/1-A, Re.Sy.No.55/1 within block no.40 of Thiruvaniyoor (Chemmanad) Village, Kunnathunadu Firkha and Taluk, Emakulam District and owned by M/s P.T. Mathai Construction Company (P) Limited, more fully described in Deed No. 7189/2006 of Sub Registrar Office-Puthencruz. Bounded on: North: Road, South: Panchayath Road, East: Plot No.6 & 7. West: Road View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

—

Auction type

SARFAESI Auction

Borrower

—

Auction start

09 Dec 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 472605

Price Check

This listing's reserve price works out to ₹918 per sq ft. The average across land & agricultural bank auctions in Kochi on our site is ₹990 per sq ft, so this one is 7% 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 (AuctionTiger · Auction ID 472605), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before —. It is refunded if you don't win.
5. Bid online on 9 Dec 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.