4,652 sq ft Land & Building for Auction in Thrissur – SIB

Property Details

Property type

Land & Building (Residential)

Possession

Not specified

Area

4,652 sq ft

Reserve price / sq ft

₹10,834

Locality

—

City

Thrissur

State

Kerala

Address

All that part and parcel of land admeasuring 10.17 Ares [3.24 Ares+3.29 Ares+3.64 Ares] along with residential building having total plinth area of about 4652 Sq. Ft, bearing Door No.37/271 of Thrissur Corporation and all other constructions, improvements, easementary rights existing and appurtenant thereon under Sy.No.1866/4P of Thrissur Village, Thrissur Taluk. Thrissur District and owned by Mrs Rahmath Gafoor, more fully described in Sale Deed No.5245/1993 dated 14.09.1993 and Settlement Deed Nos.5897/2003 and 5898/2003 dated 10.10.2003, all of Sub Registrar Office Thrissur and bounded on Boundaries for Part admeasuring 3.24 Ares, North Road South Properties of Rahmath Gafoor East : Property of Rahmath Gafoor West Property of Chandrasekaran Boundaries for Part admeasuring 6.93 Ares [3.29 Ares+3.64 Ares]. North Road and Property of Rahmath Gafoor South : Property of Chandrasekaran East Property of Thomas West : Property of Chandrasekaran and Rahmath Gafoor View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

Viyyur Branch

Auction type

SARFAESI Auction

Borrower

Mrs R***** G*****

Auction start

28 Oct 2026, 10:30 AM

Auction end

28 Oct 2026, 11:00 AM

EMD submission deadline

27 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2412805

Price Check

This listing's reserve price works out to ₹10,834 per sq ft. The average across residential bank auctions in Thrissur on our site is ₹4,169 per sq ft, so this one is 160% 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 (bankauctions.in (4Closure) · Listing 2412805), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹50,40,000 before 27 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 28 Oct 2026 starting above the reserve price, in multiples of ₹10,000.
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.