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House SARFAESI Auction Symbolic Possession

2,582 sq feet House for Sale (Bank Auction) in Airapuram Village, Perumbavoor, Kochi – SBI

Airapuram Village, Perumbavoor, Kochi, Kerala · Auction ID #34275

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House photo 1 House photo 2
Indicative Price ₹1,68,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date Not yet scheduled
EMD Last Date —
Area2,582 sq feet

Property Details

Property type
House (Residential)
Possession
Symbolic Possession
Area
2,582 sq feet (≈ 2,582 sq ft)
Reserve price / sq ft
₹6,507
Locality
Airapuram Village, Perumbavoor
City
Kochi
State
Kerala
Pincode
683541
Address
Airapuram Village, Perumbavoor, Kerala, 683541 View on map

Description (as per sale notice)

Item No. 1 All that piece and parcel of land with a total extent of 50.56 Ares made up of 2.80 Ares in Re. Sy. No.261/7 and 47.76 Ares comprised on the north side in 76.40 Ares from East to West in Re. Sy. No. 261/10, Block No.31 of Airapuram Village, Kunnathunadu Taluk, Ernakulam District together with building therein bearing Door No.VIII/649A in the name of Sri. Raj Paul by virtue of Sale Deed No. 3046/1997 dated 21.06.1997 of Puthankurisu SRO. Boundaries East : Way West : Field, Road and Property of Mamun North : Canal, Property of Mamun South : Property of PE Thomas. Item No.2 All that piece and parcel of land with an extent of 28.64 Ares comprised on the South side in 76.40 Are from East to West in Re. Sy. No. 261/10, Block No.31 of Airapuram Village, Kunnathunadu Taluk, Ernakulam District together with building therein in the name of Sri. Raj Paul by virtue of Settlement Deed No. 3047/1997 dated 21.06.1997 of Puthankurisu SRO. Boundaries East : Way West : Field, Road North : Property of Mr. Raj Paul South : Purambokku.

BAANKNET Property ID: SBIN16454MERCEM2

Bank & Auction Details

Bank / Lender
State Bank of India
Branch
SAMB COIMBATORE-16454
Auction type
SARFAESI Auction
Borrower
MERCHEM L*****
Auction start
—
Auction end
—
EMD submission deadline
—
Inspection
—
Authorised officer
—
Officer contact
—

Price Check

This listing's reserve price works out to ₹6,507 per sq ft. The average across residential bank auctions in Kochi on our site is ₹4,416 per sq ft, so this one is 47% 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 SBIN16454MERCEM2)), 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.

Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with State Bank of India. Always verify every detail with the official notice and the authorised officer before paying any money.

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