1,100 sq feet House for Sale (Bank Auction) in Palakkad, Palakkad – Union Bank

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

1,100 sq feet (≈ 1,100 sq ft)

Reserve price / sq ft

₹2,555

Locality

Palakkad

City

Palakkad

State

Kerala

Pincode

678622

Address

PALAKKAD, Kerala, 678622 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Union Bank of India

Branch

KANJIKODE-814989

Auction type

SARFAESI Auction

Borrower

KERALA S***** A** C*****

Auction start

—

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

BAANKNET (Property ID UBINEKLTHR8619)

Price Check

This listing's reserve price works out to ₹2,555 per sq ft. The average across residential bank auctions in Palakkad on our site is ₹2,138 per sq ft, so this one is 20% above 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 UBINEKLTHR8619)), 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 — 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.