30 cent Office for Auction in Kochi – BOI

Property Details

Property type

Office (Commercial)

Possession

Not specified

Area

30 cent (≈ 13,068 sq ft)

Reserve price / sq ft

₹505

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 –2324900 | e-mail: [email protected] PROCLAMATION OF SALE DRC No. 3473 e-Sale No 50/2026 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 Bank of India Vs. Shahid C.K & 6 others Whereas, (1). Shri Shahid C.K., Chettiparambil House, Deshabhimani Road, Elamakkara P.O., Ernakulam – 682 026 (2). Smt. Sajana M.A., W/o Shahid C.K., Chettiparambil House, Deshabhimani Road, Elamakkara P.O., Ernakulam – 682 026 (3). Smt. Noorjahan, W/o Kunjumohammad M.O., Mangattu Veedu, Marampally P.O., Manjapetty (Via), Aluva – 685 307 (4).Ms. Thanseens K. Mohammed, D/o M.O. Kunjumohammad, Mangattu Veedu, Marampally P.O., Manjapetty (Via), Aluva – 685 307 (5) Ms. Thasni K. Mohammed, D/o M.O. Kunjumohammad, Mangattu Veedu, Marampally P.O., Manjapetty (Via), Aluva – 685 307 (6). Ms. Thahaseen K. Mohammed, D/o M.O. Kunjumohammad, Mangattu Veedu, Marampally P.O., Manjapetty (Via), Aluva – 685 307 (7). Ms. Mohseena K. Mohammed, D/o M.O. Kunjumohammad, Mangattu Veedu, Marampally P.O., Manjapetty (Via), Aluva – 685 307 have failed to pay the sum of Rs. 25,95,227.05 (Rupees twenty five lakhs ninety five thousand two hundred twenty seven and paisa five only), as on 28.11.2011, payable by them in respect of the Recovery Certificate No. 3473 in OA View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Bank of India

Branch

DEBTS RECOVERY TRIBUNAL ERNAKULAM(DRT 1)

Auction type

DRT Auction

Borrower

Shahid C K a** 6 o*****

Auction start

14 Oct 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 ₹505 per sq ft. The average across commercial bank auctions in Kochi on our site is ₹2,749 per sq ft, so this one is 82% 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 ₹6,60,000 before —. It is refunded if you don't win.
5. Bid online on 14 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.