0.04 acres Residential Plot for Auction in Chengamanad, Kochi – Indian Bank

Property Details

Property type

Residential Plot (Residential)

Possession

Symbolic Possession

Area

0.04 acres (≈ 1,742 sq ft)

Reserve price / sq ft

₹754

Locality

Chengamanad

City

Kochi

State

Kerala

Pincode

683578

Address

Chengamanad, Kerala, 683578 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Indian Bank

Branch

CHENGAMANAD (ERNAKULAM) - 427

Auction type

SARFAESI Auction

Borrower

ABDUL J***** P*** M***** R*****

Auction start

07 Oct 2026, 10:09 AM

Auction end

07 Oct 2026, 04:00 PM

EMD submission deadline

06 Oct 2026, 04:09 PM

Inspection

09 Sep 2026, 12:06 AM – 05 Oct 2026, 04:00 PM

Authorised officer

GOPU V

Officer contact

9446003815

E-auction portal

BAANKNET (Property ID IDIBCHGMIN01)

Price Check

This listing's reserve price works out to ₹754 per sq ft. The average across residential bank auctions in Kochi on our site is ₹4,358 per sq ft, so this one is 83% 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 9 Sep 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID IDIBCHGMIN01)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 06 Oct 2026, 04:09 PM. It is refunded if you don't win.
5. Bid online on 7 Oct 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.