35 cent Land & Building for Auction in Kozhikode – SIB

Property Details

Property type

Land & Building (Residential)

Possession

Physical Possession

Area

35 cent (≈ 15,246 sq ft)

Reserve price / sq ft

₹794

Locality

—

City

Kozhikode

State

Kerala

Address

All that part and parcel of land admeasuring 14.167 Ares [11.535 Ares + 2.632 Ares] (35 Cents) along with residential building thereon admeasuring 2770 sq. ft. in Sy. No. 45/22 situated in Kizhariyur Village, Koyilandy Taluk, Kozhikode District, owned by Mr. Imbichikkoya P K, more particularly described in Jenmam Assignment Deed No. 708/2019 dated 09.05.2019 of SRO Meppayur, with following boundaries: -North: Property of Hamza P TEast Property of Vasantha and KunjaminaSouth: Panchayath RoadWest: Property of Hamza View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

S M Street

Auction type

SARFAESI Auction

Borrower

Mr I***** P K

Auction start

06 Oct 2026, 02:30 PM

Auction end

06 Oct 2026, 03:00 PM

EMD submission deadline

05 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2389349

Price Check

This listing's reserve price works out to ₹794 per sq ft. The average across residential bank auctions in Kozhikode on our site is ₹8,730 per sq ft, so this one is 91% 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 2389349), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹12,10,000 before 05 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 6 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.