104 cent Land & Building for Auction in Thrissur – SIB

Property Details

Property type

Land & Building (Residential)

Possession

Physical Possession

Area

104 cent (≈ 45,302 sq ft)

Reserve price / sq ft

₹336

Locality

—

City

Thrissur

State

Kerala

Address

All that piece and Parcel of land having an extent of 42.09 Ares equivalent to 104 cents(Vacant Land) with all rights and improvements thereon situated in Madakatthara Village and Panchayat constructed thereon in Survey No. 4/1, 17/3, 18/1,, Thrissur Taluk, Thrissur District, owned by Mr Johnson K Raphael. The Total Land is comprised of the following extent of properties.1. Land having Extent of 21.95 Ares in Survey Number 4/1 and 7 Ares in Survey Number 17/3 in Thrissur Taluk Madakatthara Village Madakatthara Panchayath Thrissur more fully described in Sale deed No:3062/2014 dated 25.08.2014 of SRO Ollukara having Boundaries as BelowEast Property of Sunil Krishnan West: Property of Velukaran Sunny South Property of Sunil Krishnan North Property of Velukkaran Sunny2. Land having Extent of 2.02 Ares in Survey Number 18/1 Thrissur Taluk Madakatthara Village Madakatthara Panchayath, Thrissur more fully described in Sale deed No:3113/2014 dated 28.08.2014 of SRO Ollukara having Boundaries as below: East Property of Sunil Krishnan West Property of Majeed South Panchayath RoadNorth Property of Johnson Raphael 3. Land having Extent of 11.12 Ares in Survey Number 18/1 Thrissur Taluk Madakatthara Village Madakatthara Panchayath, Thrissur more fully described in sale deed No:3113/2014 dated 28.08.2014 of SRO Ollukara having Boundaries as below East Property of Sunil KrishnanWest Property of Parayil Kesavan South Property of Majeed, and property of Johnson K RaphaelNorth Property of Kon View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

Paravattani

Auction type

SARFAESI Auction

Borrower

M/s S** T***** C*****

Auction start

07 Oct 2026, 10:00 AM

Auction end

07 Oct 2026, 10:30 AM

EMD submission deadline

06 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2392192

Price Check

This listing's reserve price works out to ₹336 per sq ft. The average across residential bank auctions in Thrissur on our site is ₹4,169 per sq ft, so this one is 92% 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 (bankauctions.in (4Closure) · Listing 2392192), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹15,20,000 before 06 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 7 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.