5.41 cent Land for Auction in Alappuzha – SIB

Property Details

Property type

Land (Land & Agricultural)

Possession

Physical Possession

Area

5.41 cent (≈ 2,356 sq ft)

Reserve price / sq ft

₹344

Locality

—

City

Alappuzha

State

Kerala

Address

All that part and parcel of land adm. 2.19 ares (equivalent to 5.41 cents) and other usufructs and improvements thereon situated in Re. Sy No. 120/9 (Old Sy. No. 5759A, 5759B and 5760A) of Kandalloor Village, Karthikapally Taluk, within Sub-Registration District of Keerikkadu and within Alappuzha District in the name of Sri. Rajendran Achari M and Smt. Bindu vide Sale Deed No. 2783/1999 dated 24.12.1999 of SRO Keerikkadu and bounded on the North by Property of Girija, South by Property of Kalyani, East by property of Girija and West by Road. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

Mannar

Auction type

SARFAESI Auction

Borrower

Mr R***** A***** M

Auction start

31 Dec 2026

Auction end

31 Dec 2026, 11:00 AM

EMD submission deadline

30 Dec 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 472876

Price Check

This listing's reserve price works out to ₹344 per sq ft. The average across land & agricultural bank auctions in Alappuzha on our site is ₹3,475 per sq ft, so this one is 90% 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 472876), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹81,140 before 30 Dec 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 31 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.