8,244 sq ft Commercial Building for Auction in Thrissur – SIB

Property Details

Property type

Commercial Building (Commercial)

Possession

Not specified

Area

8,244 sq ft

Reserve price / sq ft

₹4,318

Locality

—

City

Thrissur

State

Kerala

Address

All that piece and parcel of land having an extent 15.16 Ares (8.09 Ares in Sy No 57/2,2.52 Ares in Sy No.41/2 and 4.55 Ares in Sy No.57/2) with all rights and improvements thereon along with building having area of 8244 Sq Ft Approx (as per K Smart 6905 sq ft) with building numbers XI/395 of Thrissur Corporation in Survey No 57/2,41/2 in Chembukkavu Village, Thrissur Taluk Thrissur District owned by Mr Tenny Jose more fully mentioned in Sale Deeds 6164/1994 dated 30-08-1994 and Sale Deed 3060/1994 dated 30-04-1994 registered at Sub Registrar Office Thrissur, Thrissur District and Mrs Elsa Tenny more fully mentioned in Sale Deed 6163/1994 dated 30-08-1994 and bounded as follows:North : Corporation RoadSouth : Property of ThomasEast : ChalWest: Property of Chittilapilly Simon View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

—

Auction type

SARFAESI Auction

Borrower

—

Auction start

09 Oct 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 464318

Price Check

This listing's reserve price works out to ₹4,318 per sq ft. The average across commercial bank auctions in Thrissur on our site is ₹5,281 per sq ft, so this one is 18% 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.
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 (AuctionTiger · Auction ID 464318), 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 9 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.