320 sq m Land & Building for Auction in Kasaragod – SIB

Property Details

Property type

Land & Building (Residential)

Possession

Physical Possession

Area

320 sq m (≈ 3,444 sq ft)

Reserve price / sq ft

₹6,737

Locality

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City

Kasaragod

State

Kerala

Address

All that part and parcel of land admeasuring 24.08 Ares along with Building thereon having plinth area admeasuring 320 Sq. meters (approx) along with all other constructions, improvements, easementary rights existing and appurtenant thereon situated in Re Sy No. 107/8pt Chengala Village, Kasaragod Taluk, Kasaragod District and owned by Mariyamma TN morefully described in Jenmam Sale Deed No.2184/1988 dated 08-10-1988 of SRO Kasaragod, bounded on North: Property of Kunhali, South: Property of CMA Khader, East: Road and Property of Ahamad, West: Property of CMA Khader. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

Kasaragod Branch

Auction type

SARFAESI Auction

Borrower

Mr K***** K A

Auction start

19 Oct 2026, 10:30 AM

Auction end

19 Oct 2026, 11:00 AM

EMD submission deadline

17 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2405241

Price Check

This listing's reserve price works out to ₹6,737 per sq ft. The average across residential bank auctions in Kasaragod on our site is ₹2,187 per sq ft, so this one is 208% 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 2405241), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹23,20,500 before 17 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 19 Oct 2026 starting above the reserve price, in multiples of ₹50,000.
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.