14 cent Office for Auction in Kochi – Union Bank

Property Details

Property type

Office (Commercial)

Possession

Not specified

Area

14 cent (≈ 6,098 sq ft)

Reserve price / sq ft

₹33

Locality

—

City

Kochi

State

Kerala

Pincode

682036

Address

OFFICE OF THE RECOVERY OFFICER D E B T S R E C O V E R Y T R I B U N A L - I ERNAKULAM 5 th Floor, K.S.H.B. Building, Panampilly Nagar, Ernakulam – 682036 □ 0484 –2324780 | e-mail: [email protected] PROCLAMATION OF SALE DRC No. 3693 e-Sale No 53/2026 PROCLAMATION OF SALE UNDER RULES 52, 53 & 54 OF SECOND SCHEDULE TO THE INCOME TAX ACT, 1961 READ WITH THE RECOVERY OF DEBTS AND BANKRUPTCY ACT, 1993 Union Bank of India Vs. Philomina Antony & Others Whereas, (1) Philomina Antony, W/o late V.J. Antony, Vallattukudy House, Manjapra Village, Aluva Taluk, Ernakulam District-683 581, (2) Jose Antony, S/o late V.J. Antony, Vallattukudy House, Pongam, Near Naipunnya College, Koratty, Thrissur, Thrissur District, PIN-680 308 and (3) Rani Francis, D/o Late V.J.Antony, Menachery House, Karumalloor Post, Ernakulam, Ernakulam District, PIN-683 511, have failed to pay the sum of Rs. 11,13,323.22 (Rupees Eleven lakh thirteen thousand three hundred twenty three and paise twenty two only), as on 21.08.2012, payable by them in respect of the Recovery Certificate No. 3693 in OA No. 45/2012 issued by the Presiding Officer, Debts Recovery Tribunal, Ernakulam, and the interest and costs payable as per the Certificate. And whereas the undersigned has ordered the sale of the properties mentioned in the schedule below in satisfaction of the said certificate. And whereas there will be due thereunder, a sum of Rs. 81,30,126.23 (Rupees eighty one lakhs thirty thousand one hundred twenty six and paisa View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Union Bank of India

Branch

DEBTS RECOVERY TRIBUNAL ERNAKULAM(DRT 1)

Auction type

DRT Auction

Borrower

Philomina A***** a** o*****

Auction start

04 Nov 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

Recovery Officer, Ernakulam DRT

Officer contact

—

E-auction portal

DEBTS RECOVERY TRIBUNAL ERNAKULAM(DRT 1)

Price Check

This listing's reserve price works out to ₹33 per sq ft. The average across commercial bank auctions in Kochi on our site is ₹2,749 per sq ft, so this one is 99% 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 (open notice).
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 (DEBTS RECOVERY TRIBUNAL ERNAKULAM(DRT 1)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹20,000 before —. It is refunded if you don't win.
5. Bid online on 4 Nov 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.