44.55 cent Land & Building for Auction in Thrissur – SIB

Property Details

Property type

Land & Building (Residential)

Possession

Physical Possession

Area

44.55 cent (≈ 19,405 sq ft)

Reserve price / sq ft

₹654

Locality

—

City

Thrissur

State

Kerala

Address

All that part and parcel of land admeasuring 44.55 cents i.e 18.03 Ares (6.07+5.89+6.07 Ares) along with all constructions, improvements, easementary rights existing and appurtenant thereon situated under Sy No. 91 within Thoravu Village, Mukundapuram Taluk, Thrissur District and owned by Mrs. Mini Marson morefully described in Sale Deed No. 5163/07 dated 30-08-2007, Sale Deed No. 509/08 dated 28-01-2008 and Sale Deed No. 510/08 dated 03-12-2007 of Sub Registrar Office Nellayi and bounded on(Boundary as per Location Certificate 1875/10 dt 22-10-2010) North: Road East: Property of Khadi BoardSouth: Property of Varghese West: Property of Sooraj View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

ollur

Auction type

SARFAESI Auction

Borrower

Mr M***** C*****

Auction start

15 Oct 2026, 10:00 AM

Auction end

15 Oct 2026, 10:30 AM

EMD submission deadline

14 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2405221

Price Check

This listing's reserve price works out to ₹654 per sq ft. The average across residential bank auctions in Thrissur on our site is ₹4,169 per sq ft, so this one is 84% 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 2405221), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹12,70,000 before 14 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 15 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.