Land & Building for Auction in Kannur – SIB

Property Details

Property type

Land & Building (Residential)

Possession

Physical Possession

Locality

—

City

Kannur

State

Kerala

Address

a) All that part and parcel of land admeasuring 1.62 Ares [0.81 Ares + 0.81 Ares] along with all other constructions, improvements, easementary rights existing and appurtenant thereon situated in Old Sy.Nos.149/1A1 149/1A2, Re.Sy.No.136/7, New Re.Sy.No.136/101 of Vayakkara Village, Payyannur Taluk, Kannur District and owned by Mr Pandikasalayil Aboobacker, more fully described in Registered Jenmam Assignment Deed No.462/2009 dated 10.02.2009 of Sub Registrar Office Peringome and bounded on (Boundaries as per Location Sketch No.62/2019 dated 05.02.2019 by V.O Vayakkara), North: Bus Stand East: Property of Paleri Padmanabhan and Others South: Road West: Property of Marathankoval Damodaranb)All that part and parcel of land admeasuring 41.27 Ares[24 Ares 17.27 Ares](43.47 Ares as per Actual Possession) along with building(under construction) and all other constructions,improvements, easementary rights existing and appurtenant thereon situated in Old Sy.No.143, Re.Sy.No.135/1 135/2 of Vayakkara Village, Payyannur Taluk, Kannur District and owned by Mr Pandikasalayil Aboobacker more fully described in Registered Jenmam Assignment Deed No.2388/2007 dated 23.10.2007 of Sub Registrar Office Peringome (excluding the portion transferred for Panchayat Bus Stand) and bounded on(Boundaries as per Location Sketch No. 29/19 dated 18.01.2019 by V.O Vayakkara), North: Pathway ,Road and Bus Stand East: Property of Narayanan,Vinod, Muthappan Temple and Bus Stand South: Property of Damodharan,Abo View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

Cherupuzha

Auction type

SARFAESI Auction

Borrower

Mr P***** A*****

Auction start

22 Oct 2026, 10:00 AM

Auction end

22 Oct 2026, 10:30 AM

EMD submission deadline

19 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2410302

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 (bankauctions.in (4Closure) · Listing 2410302), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹73,38,400 before 19 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 22 Oct 2026 starting above the reserve price, in multiples of ₹1,00,000.
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.