63.5 cent Commercial Building for Auction in Thrissur – SIB

Property Details

Property type

Commercial Building (Commercial)

Possession

Physical Possession

Area

63.5 cent (≈ 27,660 sq ft)

Reserve price / sq ft

₹419

Locality

—

City

Thrissur

State

Kerala

Address

All that Piece and Parcel of land having an extent of 25.70 Ares (Approximately equivalent to 63.50 cents) together with all rights, improvements, buildings/sheds (if any) situated in Talikulam Panchayath and comprising of the following extents lying as single compact plot.1)Land having an extent of 10.12 Ares (Approximately equivalent to 25.00 cents) together with all rights and improvements in Survey No. 218/5 in Talikulam Village, Chavakkad Taluk, Thrissur District, owned by Mr Noorudheen Shah and Mrs Laila Noorudheen and more fully mentioned in Sale Deed No. 2391 of 2008 dated 02/09/2008 registered at Sub Registrar Office, Vatanapilly and bounded in the North by Property of Divakaran,South by Property of Kochumon, East by Road,west by Property of Latheef2) Land having an extent of 1.82 Ares (Approximately equivalent to 4.50 cents) together with all rights and improvements in Survey No. 218/2P and 218/5P in Talikulam Village, Chavakkad Taluk, Thrissur District, owned by Mr Noorudheen Shah and Mrs Laila Noorudheen and more fully mentioned in Sale Deed No. 2496 of 2008 dated 17/09/2008 registered at Sub Registrar Office, Vatanapilly and bounded in North by Propert of Vasu, South by property of Noorudheen and Laila, East by Road, west by Property of Latheef3)Land having an extent of 13.76 Ares (Approximately equivalent to 34.00 cents) together with all rights and improvements in Survey No. 218/1B in Talikulam Village, Chavakkad Taluk, Thrissur District, owned by Mr Noorudheen View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

Thrissur East fort Branch

Auction type

SARFAESI Auction

Borrower

Mr N***** S***

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 2392135

Price Check

This listing's reserve price works out to ₹419 per sq ft. The average across commercial bank auctions in Thrissur on our site is ₹5,281 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 2392135), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹11,58,300 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.